Short Interest in Turmalina Metals Corp. (OTCMKTS:TBXXF) Drops By 33.3%

Turmalina Metals Corp. (OTCMKTS:TBXXF) saw a large decrease in short interest in January. As of January 31st, there was short interest totalling 4,000 shares, a decrease of 33.3% from the January 15th total of 6,000 shares. Based on an average daily volume of 5,100 shares, the days-to-cover ratio is currently 0.8 days.

Turmalina Metals Price Performance

TBXXF stock opened at $0.11 on Friday. The company’s 50-day moving average is $0.04 and its 200-day moving average is $0.05. Turmalina Metals has a 1 year low of $0.02 and a 1 year high of $0.19.

About Turmalina Metals

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.