Pure Energy Minerals Limited (OTCMKTS:PEMIF) Sees Large Increase in Short Interest

Pure Energy Minerals Limited (OTCMKTS:PEMIF) was the recipient of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 11,800 shares, an increase of 151.1% from the January 31st total of 4,700 shares. Based on an average trading volume of 53,300 shares, the days-to-cover ratio is currently 0.2 days.

Pure Energy Minerals Stock Up 10.1 %

Pure Energy Minerals stock traded up $0.02 during midday trading on Friday, reaching $0.17. The stock had a trading volume of 52,990 shares, compared to its average volume of 28,079. The company has a fifty day moving average of $0.18 and a 200 day moving average of $0.21. The firm has a market cap of $5.88 million, a price-to-earnings ratio of -5.77 and a beta of 1.17. Pure Energy Minerals has a 52-week low of $0.14 and a 52-week high of $0.33.

About Pure Energy Minerals

Pure Energy Minerals Limited acquires, explores, and develops mineral properties. Its primary project is the Clayton Valley lithium brine project located in Clayton Valley, Esmeralda County, Nevada. The company was formerly known as Harmony Gold Corp. and changed its name to Pure Energy Minerals Limited in October 2012.