Pure Egy Minrls (OTCMKTS:PEMIF) Short Interest Update

Pure Egy Minrls (OTCMKTS:PEMIF) was the recipient of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 1 shares, a decline of 100.0% from the April 15th total of 10,413 shares. Based on an average daily volume of 20,914 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Pure Egy Minrls Price Performance

Shares of PEMIF stock traded down $0.03 during trading hours on Monday, reaching $0.21. 95,064 shares of the stock were exchanged, compared to its average volume of 13,069. Pure Egy Minrls has a 12-month low of $0.10 and a 12-month high of $0.50. The company’s 50-day moving average price is $0.28 and its 200-day moving average price is $0.23.

Pure Egy Minrls Company Profile

Pure Energy Minerals Ltd. is a mineral exploration and development company focused on lithium brine resources essential for lithium-ion battery production. Headquartered in Vancouver, British Columbia, Pure Energy concentrates its efforts on advancing the Clayton Valley South project in Nevada, a region known for its high-grade lithium deposits. The company’s primary business activity is the exploration, evaluation and development of its flagship brine project, targeting commercially viable lithium extraction for the electric vehicle and energy storage markets.

The Clayton Valley South project encompasses over 800 acres of permitted exploration acreage adjacent to established lithium producers.