Silver Elephant Mining Corp. (OTCMKTS:SILEF) Short Interest Up 37.7% in December

Silver Elephant Mining Corp. (OTCMKTS:SILEF) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 100,061 shares, an increase of 37.7% from the November 30th total of 72,661 shares. Based on an average trading volume of 156,511 shares, the days-to-cover ratio is presently 0.6 days. Based on an average trading volume of 156,511 shares, the days-to-cover ratio is presently 0.6 days.

Silver Elephant Mining Price Performance

OTCMKTS SILEF opened at $0.25 on Wednesday. The firm has a 50-day moving average price of $0.22 and a two-hundred day moving average price of $0.17. Silver Elephant Mining has a 12-month low of $0.09 and a 12-month high of $0.31.

About Silver Elephant Mining

Silver Elephant Mining Corp. (OTCMKTS:SILEF) is a mineral exploration and development company focused on advancing its flagship Pulacayo silver–lead–zinc project in the historic Potosí mining district of southern Bolivia. The company’s primary objective is to bring Pulacayo into production, leveraging a resource base that ranks among the highest-grade undeveloped silver deposits globally. Alongside resource definition and permitting activities, Silver Elephant is engaged in engineering studies designed to optimize mine planning, metallurgical recovery and capital efficiencies.

Headquartered in Vancouver, British Columbia, Silver Elephant maintains technical and corporate offices in La Paz and Potosí, facilitating close collaboration with Bolivian government authorities, local communities and service providers.