Turmalina Metals Corp. (OTCMKTS:TBXXF) Short Interest Down 82.1% in May

Turmalina Metals Corp. (OTCMKTS:TBXXFGet Rating) saw a significant decline in short interest during the month of May. As of May 15th, there was short interest totalling 1,200 shares, a decline of 82.1% from the April 30th total of 6,700 shares. Based on an average daily trading volume, of 63,200 shares, the short-interest ratio is presently 0.0 days.

OTCMKTS TBXXF traded down $0.03 on Friday, hitting $0.36. 10,062 shares of the stock were exchanged, compared to its average volume of 52,665. The company’s 50-day moving average price is $0.40 and its two-hundred day moving average price is $0.39. Turmalina Metals has a 52-week low of $0.27 and a 52-week high of $0.98.

About Turmalina Metals (Get Rating)

Turmalina Metals Corp. engages in the acquisition, exploration, and evaluation of mineral resource properties in South America. The company explores for gold, copper, silver, and molybdenum deposits. Its principal property is the San Francisco project covering 34,651 hectares located in San Juan Province, Argentina.

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