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

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

Turmalina Metals Stock Performance

OTCMKTS TBXXF opened at $0.14 on Friday. The business has a 50 day moving average price of $0.09 and a 200-day moving average price of $0.06. Turmalina Metals has a 52 week low of $0.02 and a 52 week 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.