Pure Egy Minrls (OTCMKTS:PEMIF) Sees Significant Increase in Short Interest

Pure Egy Minrls (OTCMKTS:PEMIF) was the recipient of a significant growth in short interest in October. As of October 30th, there was short interest totaling 9,999 shares, a growth of 1,173.8% from the October 15th total of 785 shares. Based on an average daily volume of 8,303 shares, the short-interest ratio is presently 1.2 days. Currently, 0.0% of the shares of the stock are sold short.

Pure Egy Minrls Stock Up 3.5%

OTCMKTS PEMIF traded up $0.00 during trading on Wednesday, reaching $0.12. 2,000 shares of the company traded hands, compared to its average volume of 21,629. The stock’s 50 day moving average price is $0.17 and its two-hundred day moving average price is $0.20. Pure Egy Minrls has a 1-year low of $0.10 and a 1-year high of $0.50.

About Pure Egy Minrls

Pure Energy Minerals Ltd. is a mineral exploration and development company focused primarily on lithium resources. The company’s activities center on identifying, evaluating and advancing lithium-bearing properties that could support future battery-materials production. Pure Energy’s principal asset is the Clayton Valley Lithium Project in Esmeralda County, Nevada, a region that hosts lithium brine operations and related infrastructure. The project is prospective for lithium brine resources and has been the company’s primary exploration focus.