Turmalina Metals Corp. (OTCMKTS:TBXXF) Sees Significant Growth in Short Interest

Turmalina Metals Corp. (OTCMKTS:TBXXF) was the target of a large growth in short interest in February. As of February 15th, there was short interest totalling 75,200 shares, a growth of 1,780.0% from the January 31st total of 4,000 shares. Based on an average trading volume of 314,500 shares, the days-to-cover ratio is currently 0.2 days.

Turmalina Metals Price Performance

Shares of TBXXF stock remained flat at $0.09 during trading hours on Thursday. Turmalina Metals has a twelve month low of $0.02 and a twelve month high of $0.19. The company has a 50-day simple moving average of $0.05 and a two-hundred day simple moving average of $0.05.

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.