Turmalina Metals Corp. (OTCMKTS:TBXXF) Sees Large Decrease in Short Interest

Turmalina Metals Corp. (OTCMKTS:TBXXF) was the recipient of a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 25,300 shares, a drop of 78.8% from the September 30th total of 119,600 shares. Based on an average daily volume of 436,900 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 436,900 shares, the short-interest ratio is presently 0.1 days.

Turmalina Metals Stock Down 1.2%

OTCMKTS:TBXXF opened at $0.52 on Tuesday. The company has a 50-day moving average price of $0.38 and a 200-day moving average price of $0.22. Turmalina Metals has a 12 month low of $0.02 and a 12 month high of $0.73.

Turmalina Metals Company Profile

Turmalina Metals Corp. engages in the acquisition, exploration, and evaluation of mineral resource properties in South America. It primarily explores for gold, copper, and silver deposits. The company’s principal property is the San Francisco project located in San Juan Province, Argentina. The company was formerly known as Turmalina Copper Corp.