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

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

Turmalina Metals Price Performance

OTCMKTS:TBXXF traded up $0.01 on Thursday, reaching $0.04. 4,000 shares of the company’s stock were exchanged, compared to its average volume of 19,400. The stock has a fifty day simple moving average of $0.03 and a 200-day simple moving average 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.