Short Interest in Turmalina Metals Corp. (OTCMKTS:TBXXF) Expands By 45.0%

Turmalina Metals Corp. (OTCMKTS:TBXXF) was the recipient of a significant increase in short interest during the month of June. As of June 15th, there was short interest totalling 65,700 shares, an increase of 45.0% from the May 31st total of 45,300 shares. Based on an average trading volume of 38,800 shares, the days-to-cover ratio is presently 1.7 days.

Turmalina Metals Stock Performance

Shares of TBXXF traded down $0.02 during midday trading on Friday, reaching $0.15. The stock had a trading volume of 160,345 shares, compared to its average volume of 83,601. The firm has a 50 day simple moving average of $0.14 and a 200-day simple moving average of $0.12. Turmalina Metals has a one year low of $0.07 and a one year high of $0.21.

About Turmalina Metals

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 40,340 hectares located in San Juan Province, Argentina.