Euro Manganese Inc. (OTCMKTS:EUMNF) Stock Short Interest Declines 73.2%

Euro Manganese Inc. (OTCMKTS:EUMNF – Get Free Report) was the recipient of a significant drop in short interest during the month of October. As of October 30th, there was short interest totaling 19,486 shares, a drop of 73.2% from the October 15th total of 72,817 shares. Based on an average daily volume of 37,665 shares, the short-interest ratio is currently 0.5 days.

Euro Manganese Price Performance

Shares of OTCMKTS EUMNF opened at $0.05 on Friday. The firm’s fifty day moving average is $0.06 and its 200 day moving average is $0.09. Euro Manganese has a 52 week low of $0.04 and a 52 week high of $0.33.

Euro Manganese Company Profile

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Euro Manganese Inc. is a Canadian mineral development company focused on producing high-purity manganese products for battery and other industrial applications. Its principal asset is the Chvaletice Manganese Project in the Czech Republic. The project is designed to recover manganese from historic tailings at a former mine, rather than from a new conventional mining operation. Planned products include high-purity manganese metal and manganese sulfate, materials used in lithium-ion batteries and specialty steelmaking.

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