Peruvian Metals Corp (OTCMKTS:DUVNF) Sees Significant Growth in Short Interest

Peruvian Metals Corp (OTCMKTS:DUVNF) saw a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 392,068 shares, an increase of 55.4% from the July 30th total of 252,282 shares. Based on an average daily trading volume, of 112,034 shares, the short-interest ratio is currently 3.5 days.

Peruvian Metals Stock Performance

Shares of DUVNF opened at $0.11 on Thursday. The business has a 50-day moving average of $0.12 and a 200-day moving average of $0.14. Peruvian Metals has a 1 year low of $0.02 and a 1 year high of $0.24.

About Peruvian Metals

Peruvian Metals Corp is a Canada-based mineral exploration company focused on the acquisition, exploration and development of copper, gold, silver and molybdenum porphyry projects in Peru. The company holds three principal projects—Breapampa, Huacrón and Parihuanca—located in the southern highlands of Peru, each of which lies within proven mining districts and exhibits evidence of porphyry-style mineralization. Peruvian Metals employs systematic mapping, surface sampling and geophysical surveys to define drill targets and advance its projects toward resource delineation.

The Breapampa and Huacrón projects are being advanced under a joint‐venture agreement with a major international mining group, whereby Peruvian Metals can earn up to a 70% interest through staged exploration expenditures and work commitments.