Short Interest in Silver Elephant Mining Corp. (OTCMKTS:SILEF) Declines By 21.3%

Silver Elephant Mining Corp. (OTCMKTS:SILEF) saw a large decline in short interest during the month of December. As of December 15th, there was short interest totalling 116,100 shares, a decline of 21.3% from the November 30th total of 147,600 shares. Based on an average daily trading volume, of 50,500 shares, the days-to-cover ratio is presently 2.3 days.

Silver Elephant Mining Trading Down 5.6 %

Shares of OTCMKTS SILEF opened at $0.24 on Friday. Silver Elephant Mining has a one year low of $0.01 and a one year high of $0.63. The firm’s 50 day simple moving average is $0.34 and its two-hundred day simple moving average is $0.35.

Silver Elephant Mining Company Profile

Silver Elephant Mining Corp., a mineral exploration stage company, acquires, explores, and develops mineral and energy projects. The company explores for gold, nickel, silver, lead, zinc, iron, vanadium, titanium, and coal. Its flagship project is the Pulacayo project covering an area of 3,560 hectares located in Quijarro province, Bolivia.