Short Interest in Pure Energy Minerals Limited (OTCMKTS:PEMIF) Drops By 98.6%

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

Pure Energy Minerals Trading Down 7.0 %

Shares of PEMIF stock traded down $0.01 during trading hours on Tuesday, reaching $0.17. The company’s stock had a trading volume of 139,289 shares, compared to its average volume of 18,680. The stock has a market capitalization of $5.94 million, a P/E ratio of -5.83 and a beta of 1.18. Pure Energy Minerals has a one year low of $0.15 and a one year high of $0.34. The firm’s fifty day simple moving average is $0.20 and its 200 day simple moving average is $0.21.

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.