Desert Mountain Energy Corp. (OTCMKTS:DMEHF – Get Free Report) was the recipient of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 16,886 shares, a growth of 237.7% from the June 15th total of 5,000 shares. Based on an average trading volume of 184,003 shares, the days-to-cover ratio is presently 0.1 days.
Desert Mountain Energy Price Performance
Shares of OTCMKTS:DMEHF opened at $0.14 on Monday. The business has a 50-day moving average of $0.20 and a two-hundred day moving average of $0.22. Desert Mountain Energy has a fifty-two week low of $0.12 and a fifty-two week high of $0.45.
About Desert Mountain Energy
Desert Mountain Energy Ltd (OTCMKTS:DMEHF) is an exploration and development company focused on unlocking lithium and geothermal resources in key basins of the western United States. With a strategic emphasis on sustainable technology and resource optimization, Desert Mountain Energy targets the growing demand for battery-grade lithium, a critical component in electric vehicles and renewable energy storage, as well as geothermal power generation.
The company holds exploration and development leases across multiple Nevada projects, including Clayton Valley, home to North America’s only producing lithium brine operation, as well as the Big Smoky and Fish Lake Valley basins.
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