Short Interest in Turmalina Metals Corp. (OTCMKTS:TBXXF) Drops By 81.8%

Turmalina Metals Corp. (OTCMKTS:TBXXF) saw a significant drop in short interest in the month of January. As of January 15th, there was short interest totalling 6,000 shares, a drop of 81.8% from the December 31st total of 33,000 shares. Based on an average daily trading volume, of 25,100 shares, the short-interest ratio is currently 0.2 days.

Turmalina Metals Price Performance

Turmalina Metals stock traded up $0.01 during midday trading on Thursday, hitting $0.04. 4,000 shares of the company’s stock were exchanged, compared to its average volume of 19,400. The stock has a 50-day moving average price of $0.03 and a two-hundred day moving average price of $0.05. Turmalina Metals has a 52-week low of $0.02 and a 52-week high of $0.19.

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.