Silver Elephant Mining Corp. (OTCMKTS:SILEF) Short Interest Down 47.4% in August

Silver Elephant Mining Corp. (OTCMKTS:SILEF) was the recipient of a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 7,402 shares, a decline of 47.4% from the July 30th total of 14,061 shares. Based on an average trading volume of 48,538 shares, the days-to-cover ratio is currently 0.2 days.

Silver Elephant Mining Price Performance

OTCMKTS SILEF opened at $0.10 on Friday. Silver Elephant Mining has a 1-year low of $0.08 and a 1-year high of $0.31. The stock has a 50-day moving average of $0.09 and a 200-day moving average of $0.12.

Silver Elephant Mining Company Profile

Silver Elephant Mining Corp. (OTCMKTS:SILEF) is a mineral exploration and development company focused on advancing its flagship Pulacayo silver–lead–zinc project in the historic Potosí mining district of southern Bolivia. The company’s primary objective is to bring Pulacayo into production, leveraging a resource base that ranks among the highest-grade undeveloped silver deposits globally. Alongside resource definition and permitting activities, Silver Elephant is engaged in engineering studies designed to optimize mine planning, metallurgical recovery and capital efficiencies.

Headquartered in Vancouver, British Columbia, Silver Elephant maintains technical and corporate offices in La Paz and Potosí, facilitating close collaboration with Bolivian government authorities, local communities and service providers.