Peruvian Metals Corp (OTCMKTS:DUVNF) Short Interest Up 55.4% in August

Peruvian Metals Corp (OTCMKTS:DUVNF) was the target of a large increase in short interest in August. As of August 14th, there was short interest totaling 392,068 shares, an increase of 55.4% from the July 30th total of 252,282 shares. Based on an average daily volume of 112,034 shares, the days-to-cover ratio is presently 3.5 days.

Peruvian Metals Stock Down 2.1%

Shares of Peruvian Metals stock opened at $0.10 on Wednesday. Peruvian Metals has a 52-week low of $0.01 and a 52-week high of $0.24. The company has a 50-day simple moving average of $0.12 and a two-hundred day simple moving average of $0.14.

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.