Pure Egy Minrls (OTCMKTS:PEMIF) Short Interest Down 44.3% in June

Pure Egy Minrls (OTCMKTS:PEMIF) saw a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 18,528 shares, a decrease of 44.3% from the May 31st total of 33,258 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 67,538 shares, the days-to-cover ratio is presently 0.3 days.

Pure Egy Minrls Trading Down 2.1%

Shares of Pure Egy Minrls stock opened at $0.15 on Wednesday. Pure Egy Minrls has a twelve month low of $0.10 and a twelve month high of $0.50. The business’s 50 day simple moving average is $0.20 and its 200-day simple moving average is $0.23.

About Pure Egy Minrls

Pure Energy Minerals Ltd. is a mineral exploration and development company focused on lithium brine resources essential for lithium-ion battery production. Headquartered in Vancouver, British Columbia, Pure Energy concentrates its efforts on advancing the Clayton Valley South project in Nevada, a region known for its high-grade lithium deposits. The company’s primary business activity is the exploration, evaluation and development of its flagship brine project, targeting commercially viable lithium extraction for the electric vehicle and energy storage markets.

The Clayton Valley South project encompasses over 800 acres of permitted exploration acreage adjacent to established lithium producers.