Turmalina Metals Corp. (OTCMKTS:TBXXF) Sees Large Increase in Short Interest

Turmalina Metals Corp. (OTCMKTS:TBXXF) was the target of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 35,500 shares, a growth of 74.9% from the February 28th total of 20,300 shares. Based on an average daily volume of 228,800 shares, the days-to-cover ratio is currently 0.2 days.

Turmalina Metals Trading Down 3.2 %

TBXXF stock opened at $0.14 on Monday. Turmalina Metals has a 12 month low of $0.02 and a 12 month high of $0.19. The company’s 50 day simple moving average is $0.09 and its 200-day simple moving average is $0.06.

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.