Euro Manganese Inc. (OTCMKTS:EUMNF) Short Interest Down 84.7% in June

Euro Manganese Inc. (OTCMKTS:EUMNF) saw a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 9,053 shares, a drop of 84.7% from the June 15th total of 59,023 shares. Based on an average daily volume of 19,487 shares, the days-to-cover ratio is presently 0.5 days.

Euro Manganese Stock Performance

Euro Manganese stock traded up $0.00 during mid-day trading on Monday, hitting $0.06. The company’s stock had a trading volume of 25,555 shares, compared to its average volume of 42,364. The business has a 50 day moving average price of $0.08 and a 200-day moving average price of $0.12. Euro Manganese has a 12 month low of $0.06 and a 12 month high of $0.33.

About Euro Manganese

Euro Manganese Inc is a Canada-based company focused on the development of the Chvaletice Manganese Project, located approximately 60 kilometers east of Prague in the Czech Republic. The project aims to repurpose historic tailings from a former pyrite mine into high-purity manganese products for the rapidly growing lithium-ion battery market. Using a proprietary hydrometallurgical process, Euro Manganese plans to extract and refine manganese from these tailings, reducing environmental footprint compared to traditional hard-rock mining methods.

The company’s principal product is high-purity manganese sulfate monohydrate (HPMSM), a critical precursor for cathode manufacturing in electric vehicle (EV) batteries and energy storage systems.