Argosy Minerals Limited (OTCMKTS:ARYMF) Short Interest Up 83.9% in June

Argosy Minerals Limited (OTCMKTS:ARYMF) was the recipient of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 285,660 shares, an increase of 83.9% from the June 15th total of 155,320 shares. Based on an average daily volume of 40,140 shares, the short-interest ratio is presently 7.1 days.

Argosy Minerals Price Performance

ARYMF opened at C$0.04 on Friday. Argosy Minerals has a 12 month low of C$0.01 and a 12 month high of C$0.12. The business has a fifty day moving average price of C$0.04 and a 200 day moving average price of C$0.06.

Argosy Minerals Company Profile

Argosy Minerals (OTCMKTS: ARYMF) is an Australian-based resource development company focused on the extraction and production of lithium and boron from brine deposits in Argentina’s lithium triangle. The company’s primary asset is the Rincon Lithium Project, located in Salta Province, which hosts a significant inferred and measured lithium-carbonate equivalent (LCE) resource. Argosy Minerals is advancing this project through a staged development approach designed to meet growing demand from the electric vehicle and energy storage markets.

The Rincon Lithium Project comprises two major concessions—Rincon North and Rincon South—where Argosy holds exclusive exploration and exploitation rights.