Short Interest in Peruvian Metals Corp (OTCMKTS:DUVNF) Declines By 67.4%

Peruvian Metals Corp (OTCMKTS:DUVNF) was the recipient of a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 11,565 shares, a decrease of 67.4% from the May 14th total of 35,477 shares. Based on an average daily volume of 155,182 shares, the short-interest ratio is currently 0.1 days.

Peruvian Metals Stock Up 3.2%

Shares of DUVNF traded up $0.00 during mid-day trading on Friday, hitting $0.14. 68,425 shares of the company were exchanged, compared to its average volume of 102,538. Peruvian Metals has a 1-year low of $0.01 and a 1-year high of $0.24. The company has a 50 day moving average of $0.17 and a 200-day moving average of $0.11.

Peruvian Metals Company Profile

Peruvian Metals Corp is a Canada-based mineral exploration company focused on the acquisition, exploration and development of copper, gold, silver and molybdenum porphyry projects in Peru. The company holds three principal projects—Breapampa, Huacrón and Parihuanca—located in the southern highlands of Peru, each of which lies within proven mining districts and exhibits evidence of porphyry-style mineralization. Peruvian Metals employs systematic mapping, surface sampling and geophysical surveys to define drill targets and advance its projects toward resource delineation.

The Breapampa and Huacrón projects are being advanced under a joint‐venture agreement with a major international mining group, whereby Peruvian Metals can earn up to a 70% interest through staged exploration expenditures and work commitments.