Desert Mountain Energy Corp. (OTCMKTS:DMEHF – Get Free Report) saw a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 5,000 shares, a decline of 88.2% from the July 15th total of 42,239 shares. Based on an average daily volume of 155,500 shares, the short-interest ratio is presently 0.0 days.
Desert Mountain Energy Stock Performance
OTCMKTS:DMEHF opened at $0.14 on Wednesday. The firm’s fifty day simple moving average is $0.16 and its 200 day simple moving average is $0.22. Desert Mountain Energy has a twelve month low of $0.12 and a twelve month high of $0.45.
About Desert Mountain Energy
Desert Mountain Energy Ltd (OTCMKTS:DMEHF) is an exploration and development company focused on unlocking lithium and geothermal resources in key basins of the western United States. With a strategic emphasis on sustainable technology and resource optimization, Desert Mountain Energy targets the growing demand for battery-grade lithium, a critical component in electric vehicles and renewable energy storage, as well as geothermal power generation.
The company holds exploration and development leases across multiple Nevada projects, including Clayton Valley, home to North America’s only producing lithium brine operation, as well as the Big Smoky and Fish Lake Valley basins.
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