Pure Energy Minerals Limited (OTCMKTS:PEMIF) Sees Significant Increase in Short Interest

Pure Energy Minerals Limited (OTCMKTS:PEMIF) saw a significant growth in short interest in March. As of March 31st, there was short interest totalling 1,900 shares, a growth of 90.0% from the March 15th total of 1,000 shares. Based on an average daily trading volume, of 26,700 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Pure Energy Minerals Price Performance

Shares of OTCMKTS PEMIF traded up $0.00 during mid-day trading on Friday, hitting $0.15. 7,998 shares of the stock traded hands, compared to its average volume of 26,733. Pure Energy Minerals has a twelve month low of $0.10 and a twelve month high of $0.31. The firm has a 50 day simple moving average of $0.16 and a two-hundred day simple moving average of $0.19. The company has a market cap of $5.16 million, a PE ratio of -5.07 and a beta of 0.98.

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.