Short Interest in Leading Edge Materials Corp. (OTCMKTS:LEMIF) Declines By 76.3%

Leading Edge Materials Corp. (OTCMKTS:LEMIF) saw a large decline in short interest in June. As of June 30th, there was short interest totaling 20,583 shares, a decline of 76.3% from the June 15th total of 86,763 shares. Based on an average daily trading volume, of 110,031 shares, the days-to-cover ratio is presently 0.2 days.

Leading Edge Materials Stock Up 0.4%

OTCMKTS LEMIF traded up $0.00 during trading on Friday, hitting $0.21. 6,200 shares of the company’s stock were exchanged, compared to its average volume of 52,015. The stock’s 50 day moving average price is $0.20 and its two-hundred day moving average price is $0.21. Leading Edge Materials has a fifty-two week low of $0.10 and a fifty-two week high of $0.32.

Leading Edge Materials Company Profile

Leading Edge Materials (OTCMKTS:LEMIF) is a resource company focused on the exploration and development of critical metals that play a key role in the transition to clean energy. The company’s primary activities center on advanced-stage projects for graphite and rare earth elements, as well as early‐stage exploration assets targeting lithium and other technology metals. Through a combination of strategic acquisitions and greenfield discoveries, Leading Edge Materials aims to establish itself as a reliable supplier of battery‐grade raw materials to global markets.

The company’s flagship asset is the Woxna Graphite Mine in central Sweden, one of Europe’s few operating graphite deposits.