Industrias Peñoles, S.A.B. de C.V. (OTCMKTS:IPOAF) Short Interest Update

Industrias Peñoles, S.A.B. de C.V. (OTCMKTS:IPOAF) was the recipient of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 185,131 shares, an increase of 953.4% from the June 30th total of 17,575 shares. Based on an average daily trading volume, of 634 shares, the short-interest ratio is currently 292.0 days.

Industrias Peñoles Trading Down 2.0%

OTCMKTS IPOAF traded down $0.94 during trading hours on Friday, reaching $46.44. The company had a trading volume of 119 shares, compared to its average volume of 1,912. The stock has a 50-day moving average of $49.09 and a 200 day moving average of $53.30. Industrias Peñoles has a 1-year low of $25.00 and a 1-year high of $71.00.

Industrias Peñoles Company Profile

Industrias Peñoles, SAB. de C.V. (OTCMKTS: IPOAF) is a Mexico-based mining and metals company specializing in the exploration, extraction and processing of non-ferrous metals. The company’s core activities encompass the mining of silver, gold, copper, zinc and lead ores, as well as the operation of smelting and refining facilities that produce high-purity metals for industrial and commercial markets worldwide. Peñoles is widely recognized as one of the largest primary silver producers globally and maintains integrated production capabilities from mine to market.

Peñoles operates a diversified portfolio of mines and metallurgical complexes largely concentrated in Mexico, with additional exploration projects and partnerships in Latin America.