Short Interest in Turmalina Metals Corp. (OTCMKTS:TBXXF) Rises By 98.7%

Turmalina Metals Corp. (OTCMKTS:TBXXF) was the recipient of a significant growth in short interest in 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 days-to-cover ratio is presently 0.4 days.

Turmalina Metals Stock Performance

Shares of OTCMKTS TBXXF opened at $0.16 on Friday. The business’s 50-day moving average price is $0.12 and its two-hundred day moving average price is $0.09. Turmalina Metals has a one year low of $0.02 and a one year high of $0.18.

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.