Pure Egy Minrls (OTCMKTS:PEMIF) Shares Shorted: Short Interest Up 1,173.8% in October

Pure Egy Minrls (OTCMKTS:PEMIF) was the target of a significant increase in short interest in October. As of October 30th, there was short interest totaling 9,999 shares, an increase of 1,173.8% from the October 15th total of 785 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 8,303 shares, the short-interest ratio is presently 1.2 days.

Pure Egy Minrls Stock Up 4.0%

PEMIF stock traded up $0.00 during midday trading on Tuesday, hitting $0.12. The company’s stock had a trading volume of 1,674 shares, compared to its average volume of 5,558. The company’s fifty day moving average price is $0.17 and its 200 day moving average price is $0.20. Pure Egy Minrls has a twelve month low of $0.10 and a twelve month high of $0.50.

About Pure Egy Minrls

Pure Energy Minerals Ltd. is a mineral exploration and development company focused primarily on lithium resources. The company’s activities center on identifying, evaluating and advancing lithium-bearing properties that could support future battery-materials production. Pure Energy’s principal asset is the Clayton Valley Lithium Project in Esmeralda County, Nevada, a region that hosts lithium brine operations and related infrastructure. The project is prospective for lithium brine resources and has been the company’s primary exploration focus.