Pure Egy Minrls (OTCMKTS:PEMIF) Short Interest Update

Pure Egy Minrls (OTCMKTS:PEMIF) was the target of a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 12,508 shares, a drop of 35.3% from the June 30th total of 19,341 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 14,732 shares, the days-to-cover ratio is currently 0.8 days.

Pure Egy Minrls Price Performance

PEMIF traded up $0.01 during trading on Friday, hitting $0.15. 777 shares of the company’s stock were exchanged, compared to its average volume of 21,131. Pure Egy Minrls has a 1 year low of $0.10 and a 1 year high of $0.50. The stock has a 50 day moving average price of $0.17 and a 200 day moving average price of $0.22.

About Pure Egy Minrls

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.