Short Interest in Temas Resources Corp. (OTCMKTS:TMASF) Drops By 85.3%

Temas Resources Corp. (OTCMKTS:TMASF) saw a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 16,146 shares, a drop of 85.3% from the August 15th total of 109,844 shares. Based on an average trading volume of 69,992 shares, the days-to-cover ratio is currently 0.2 days.

Temas Resources Price Performance

Shares of TMASF opened at $0.08 on Friday. Temas Resources has a 1-year low of $0.06 and a 1-year high of $0.23. The firm’s 50-day moving average price is $0.08 and its 200-day moving average price is $0.10.

About Temas Resources

Temas Resources Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for iron, titanium, and vanadium deposits. Its flagship property is 100% owned the La Blache property comprising 117 claims, which covers 6,203.12 hectares located in Quebec, Canada. The company was formerly known as Clean Earth Chemical Corp. and changed its name to Temas Resources Corp. in August 2019. Temas Resources Corp. was incorporated in 2018 and is headquartered in Vancouver, Canada.