Pure Energy Minerals Limited (OTCMKTS:PEMIF) Short Interest Update

Pure Energy Minerals Limited (OTCMKTS:PEMIF) saw a large increase in short interest in August. As of August 31st, there was short interest totalling 10,000 shares, an increase of 316.7% from the August 15th total of 2,400 shares. Based on an average daily volume of 131,500 shares, the short-interest ratio is presently 0.1 days.

OTCMKTS:PEMIF traded down $0.02 during mid-day trading on Thursday, hitting $1.07. 9,554 shares of the company’s stock were exchanged, compared to its average volume of 64,799. The company has a 50 day simple moving average of $1.06 and a 200-day simple moving average of $1.08. Pure Energy Minerals has a fifty-two week low of $0.06 and a fifty-two week high of $2.07. The firm has a market capitalization of $35.10 million, a P/E ratio of -109.50 and a beta of 1.63.

About Pure Energy Minerals

Pure Energy Minerals Ltd. is a mineral resource company. The firm engages in the exploration and development of mineral properties. It focuses on lithium brine projects that are located in Clayton Valley, Nevada, and Salta Province, Argentina. The company was founded by Jeremy Poirier on June 7, 1999 and is headquartered in Vancouver, Canada.

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