Pure Egy Minrls (OTCMKTS:PEMIF) Shares Shorted: Short Interest Down 89.7% in September

Pure Egy Minrls (OTCMKTS:PEMIF) saw a large drop in short interest in September. As of September 15th, there was short interest totaling 4,315 shares, a drop of 89.7% from the August 31st total of 41,904 shares. Based on an average daily trading volume, of 27,994 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

Pure Egy Minrls Stock Down 0.7%

OTCMKTS:PEMIF traded down $0.00 during trading hours on Friday, reaching $0.19. 6,449 shares of the company traded hands, compared to its average volume of 19,580. The business’s 50-day moving average price is $0.17 and its two-hundred day moving average price is $0.21. Pure Egy Minrls has a 1 year low of $0.11 and a 1 year high of $0.50.

About Pure Egy Minrls

Pure Energy Minerals Ltd. is a mineral exploration and development company focused on lithium projects in the United States. Its primary asset is the Clayton Valley Lithium Project in Nevada, an area known for lithium-bearing brine deposits and existing lithium production infrastructure.

The company’s activities have included acquiring mineral rights, conducting geological and geophysical studies, drilling, and evaluating lithium extraction and processing opportunities. Pure Energy Minerals has also pursued technologies designed to recover lithium from brine, including direct lithium extraction approaches, with the goal of advancing its projects toward potential development.

Pure Energy Minerals has historically worked with strategic and technical partners to assess its Nevada properties and related lithium opportunities.