Pure Egy Minrls (OTCMKTS:PEMIF) Short Interest Update

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

Pure Egy Minrls Price Performance

Pure Egy Minrls stock remained flat at $0.19 during mid-day trading on Thursday. The company’s stock had a trading volume of 1,436 shares, compared to its average volume of 29,576. The company has a fifty day moving average of $0.17 and a 200 day moving average of $0.21. Pure Egy Minrls has a fifty-two week low of $0.11 and a fifty-two week high of $0.50.

Pure Egy Minrls Company Profile

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.