Peruvian Metals Corp (OTCMKTS:DUVNF) Sees Significant Increase in Short Interest

Peruvian Metals Corp (OTCMKTS:DUVNF) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 30,887 shares, a growth of 167.1% from the May 31st total of 11,565 shares. Based on an average trading volume of 144,485 shares, the short-interest ratio is currently 0.2 days.

Peruvian Metals Price Performance

DUVNF stock opened at $0.12 on Tuesday. Peruvian Metals has a one year low of $0.01 and a one year high of $0.24. The company’s 50 day moving average price is $0.17 and its two-hundred day moving average price is $0.12.

About Peruvian Metals

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.