Leading Edge Materials Corp. (OTCMKTS:LEMIF) Sees Significant Increase in Short Interest

Posted by Latisha Jones on Mar 1st, 2025

Leading Edge Materials Corp. (OTCMKTS:LEMIF – Get Free Report) saw a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 29,400 shares, an increase of 880.0% from the January 31st total of 3,000 shares. Based on an average trading volume of 113,800 shares, the days-to-cover ratio is presently 0.3 days.

Leading Edge Materials Stock Down 20.6 %

OTCMKTS LEMIF opened at $0.15 on Friday. Leading Edge Materials has a 12 month low of $0.05 and a 12 month high of $0.23. The company has a 50-day moving average of $0.07 and a 200-day moving average of $0.07.

About Leading Edge Materials

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Leading Edge Materials Corp. engages in the exploration and development of resource properties in Canada, Sweden, and Romania. It primarily explores for graphite, lithium, nickel, cobalt, and rare earth elements. The company holds a 100% interest in the Woxna graphite project that includes four concessions consisting of Kringelgruven, Mattsmyra, Gropabo, and Mansberg located in Gavleborg County, central Sweden.