Short Interest in Argosy Minerals Limited (OTCMKTS:ARYMF) Declines By 54.1%

Argosy Minerals Limited (OTCMKTS:ARYMF) was the target of a significant decline in short interest in July. As of July 15th, there was short interest totaling 131,175 shares, a decline of 54.1% from the June 30th total of 285,660 shares. Based on an average trading volume of 23,060 shares, the short-interest ratio is presently 5.7 days.

Argosy Minerals Price Performance

Shares of Argosy Minerals stock opened at C$0.03 on Wednesday. The business has a 50-day simple moving average of C$0.04 and a 200-day simple moving average of C$0.05. Argosy Minerals has a one year low of C$0.01 and a one year high of C$0.12.

Argosy Minerals Company Profile

Argosy Minerals (OTCMKTS: ARYMF) is an Australian-based resource development company focused on the extraction and production of lithium and boron from brine deposits in Argentina’s lithium triangle. The company’s primary asset is the Rincon Lithium Project, located in Salta Province, which hosts a significant inferred and measured lithium-carbonate equivalent (LCE) resource. Argosy Minerals is advancing this project through a staged development approach designed to meet growing demand from the electric vehicle and energy storage markets.

The Rincon Lithium Project comprises two major concessions—Rincon North and Rincon South—where Argosy holds exclusive exploration and exploitation rights.