Short Interest in Silver Elephant Mining Corp. (OTCMKTS:SILEF) Decreases By 91.0%

Silver Elephant Mining Corp. (OTCMKTS:SILEF) saw a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 10,002 shares, a decrease of 91.0% from the May 31st total of 111,408 shares. Based on an average daily volume of 268,740 shares, the days-to-cover ratio is currently 0.0 days.

Silver Elephant Mining Price Performance

SILEF traded up $0.00 during midday trading on Thursday, hitting $0.09. 75,971 shares of the company were exchanged, compared to its average volume of 65,247. The company’s 50 day simple moving average is $0.11 and its 200 day simple moving average is $0.17. Silver Elephant Mining has a 1-year low of $0.08 and a 1-year high of $0.31.

About Silver Elephant Mining

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.