Peruvian Metals Corp (OTCMKTS:DUVNF) Sees Large Increase in Short Interest

Peruvian Metals Corp (OTCMKTS:DUVNF) was the recipient of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 35,477 shares, an increase of 384.4% from the April 30th total of 7,324 shares. Based on an average daily volume of 438,044 shares, the short-interest ratio is presently 0.1 days.

Peruvian Metals Trading Down 0.1%

Shares of OTCMKTS:DUVNF traded down $0.00 on Friday, hitting $0.19. The company had a trading volume of 10,120 shares, compared to its average volume of 106,428. The firm’s 50-day simple moving average is $0.16 and its two-hundred day simple moving average is $0.10. Peruvian Metals has a 1 year low of $0.01 and a 1 year high of $0.24.

About Peruvian Metals

Peruvian Metals Corp is a Canada-based mineral exploration company focused on the acquisition, exploration and development of copper, gold, silver and molybdenum porphyry projects in Peru. The company holds three principal projects—Breapampa, Huacrón and Parihuanca—located in the southern highlands of Peru, each of which lies within proven mining districts and exhibits evidence of porphyry-style mineralization. Peruvian Metals employs systematic mapping, surface sampling and geophysical surveys to define drill targets and advance its projects toward resource delineation.

The Breapampa and Huacrón projects are being advanced under a joint‐venture agreement with a major international mining group, whereby Peruvian Metals can earn up to a 70% interest through staged exploration expenditures and work commitments.