Desert Mountain Energy Corp. (OTCMKTS:DMEHF – Get Free Report) saw a large decline in short interest in June. As of June 15th, there was short interest totaling 5,000 shares, a decline of 78.1% from the May 31st total of 22,868 shares. Based on an average trading volume of 137,657 shares, the short-interest ratio is currently 0.0 days.
Desert Mountain Energy Price Performance
Shares of OTCMKTS:DMEHF opened at $0.16 on Friday. Desert Mountain Energy has a 52 week low of $0.12 and a 52 week high of $0.45. The company’s 50 day moving average is $0.22 and its two-hundred day moving average is $0.22.
Desert Mountain Energy Company Profile
Desert Mountain Energy Ltd (OTCMKTS:DMEHF) is an exploration and development company focused on unlocking lithium and geothermal resources in key basins of the western United States. With a strategic emphasis on sustainable technology and resource optimization, Desert Mountain Energy targets the growing demand for battery-grade lithium, a critical component in electric vehicles and renewable energy storage, as well as geothermal power generation.
The company holds exploration and development leases across multiple Nevada projects, including Clayton Valley, home to North America’s only producing lithium brine operation, as well as the Big Smoky and Fish Lake Valley basins.
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