Industrias Peñoles, S.A.B. de C.V. (OTCMKTS:IPOAF – Get Free Report) was the recipient of a large decrease in short interest in May. As of May 29th, there was short interest totaling 52,797 shares, a decrease of 92.8% from the May 14th total of 729,915 shares. Based on an average daily trading volume, of 1,020 shares, the days-to-cover ratio is presently 51.8 days.
Industrias Peñoles Price Performance
OTCMKTS IPOAF opened at $50.00 on Wednesday. Industrias Peñoles has a 52 week low of $23.42 and a 52 week high of $71.00. The stock has a fifty day moving average of $53.48 and a 200-day moving average of $53.24.
About Industrias Peñoles
Industrias Peñoles, SAB. de C.V. (OTCMKTS: IPOAF) is a Mexico-based mining and metals company specializing in the exploration, extraction and processing of non-ferrous metals. The company’s core activities encompass the mining of silver, gold, copper, zinc and lead ores, as well as the operation of smelting and refining facilities that produce high-purity metals for industrial and commercial markets worldwide. Peñoles is widely recognized as one of the largest primary silver producers globally and maintains integrated production capabilities from mine to market.
Peñoles operates a diversified portfolio of mines and metallurgical complexes largely concentrated in Mexico, with additional exploration projects and partnerships in Latin America.
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