Pure Energy Minerals Limited (OTCMKTS:PEMIF) Sees Large Drop in Short Interest

Pure Energy Minerals Limited (OTCMKTS:PEMIF) was the target of a large decline in short interest in the month of January. As of January 15th, there was short interest totalling 300 shares, a decline of 98.6% from the December 31st total of 20,800 shares. Based on an average trading volume of 57,200 shares, the short-interest ratio is presently 0.0 days.

Pure Energy Minerals Trading Down 5.7 %

Shares of PEMIF stock traded down $0.01 during trading hours on Wednesday, hitting $0.18. The company’s stock had a trading volume of 4,488 shares, compared to its average volume of 29,866. The company has a 50 day moving average of $0.20 and a 200 day moving average of $0.21. The stock has a market cap of $6.12 million, a PE ratio of -6.00 and a beta of 1.18. Pure Energy Minerals has a 12-month low of $0.15 and a 12-month high of $0.34.

Pure Energy Minerals Company Profile

Pure Energy Minerals Limited acquires, explores, and develops mineral properties. Its primary project is the Clayton Valley lithium brine project located in Clayton Valley, Esmeralda County, Nevada. The company was formerly known as Harmony Gold Corp. and changed its name to Pure Energy Minerals Limited in October 2012.