Euro Manganese Inc. (OTCMKTS:EUMNF – Get Free Report) saw a large drop in short interest in the month of October. As of October 30th, there was short interest totaling 19,486 shares, a drop of 73.2% from the October 15th total of 72,817 shares. Based on an average daily volume of 37,665 shares, the days-to-cover ratio is presently 0.5 days.
Euro Manganese Price Performance
Euro Manganese stock opened at $0.05 on Friday. The firm has a fifty day simple moving average of $0.06 and a two-hundred day simple moving average of $0.09. Euro Manganese has a twelve month low of $0.04 and a twelve month high of $0.33.
Euro Manganese Company Profile
Euro Manganese Inc. is a Canadian mineral development company focused on producing high-purity manganese products for battery and other industrial applications. Its principal asset is the Chvaletice Manganese Project in the Czech Republic. The project is designed to recover manganese from historic tailings at a former mine, rather than from a new conventional mining operation. Planned products include high-purity manganese metal and manganese sulfate, materials used in lithium-ion batteries and specialty steelmaking.
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