Turmalina Metals Corp. (OTCMKTS:TBXXF) Short Interest Update

Turmalina Metals Corp. (OTCMKTS:TBXXF) saw a significant growth in short interest in the month of May. As of May 31st, there was short interest totalling 15,100 shares, a growth of 98.7% from the May 15th total of 7,600 shares. Based on an average daily volume of 36,000 shares, the short-interest ratio is presently 0.4 days.

Turmalina Metals Price Performance

Shares of TBXXF opened at $0.16 on Monday. Turmalina Metals has a 1 year low of $0.02 and a 1 year high of $0.18. The company’s 50-day simple moving average is $0.12 and its 200-day simple moving average is $0.09.

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.