Argosy Minerals Limited (OTCMKTS:ARYMF) Short Interest Up 32.7% in December

Argosy Minerals Limited (OTCMKTS:ARYMF) was the target of a large growth in short interest in December. As of December 15th, there was short interest totaling 64,570 shares, a growth of 32.7% from the November 30th total of 48,644 shares. Based on an average daily trading volume, of 204,986 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 204,986 shares, the short-interest ratio is presently 0.3 days.

Argosy Minerals Trading Up 8.7%

OTCMKTS ARYMF opened at C$0.08 on Wednesday. Argosy Minerals has a 52 week low of C$0.00 and a 52 week high of C$0.09. The company has a 50 day moving average price of C$0.05 and a 200 day moving average price of C$0.03.

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.