Turmalina Metals Corp. (OTCMKTS:TBXXF) Sees Significant Drop in Short Interest

Turmalina Metals Corp. (OTCMKTS:TBXXF – Get Rating) was the target of a significant decline in short interest in the month of April. As of April 30th, there was short interest totalling 6,700 shares, a decline of 51.8% from the April 15th total of 13,900 shares. Based on an average daily trading volume, of 64,400 shares, the short-interest ratio is currently 0.1 days.

TBXXF stock opened at $0.29 on Friday. Turmalina Metals has a 12-month low of $0.27 and a 12-month high of $0.98. The company’s fifty day simple moving average is $0.41 and its 200 day simple moving average is $0.39.

Turmalina Metals Company Profile (Get Rating)

Turmalina Metals Corp. engages in the acquisition, exploration, and evaluation of mineral resource properties in South America. The company explores for gold, copper, silver, and molybdenum deposits. Its principal property is the San Francisco project covering 34,651 hectares located in San Juan Province, Argentina.

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