Short Interest in Turmalina Metals Corp. (OTCMKTS:TBXXF) Decreases By 73.0%

Turmalina Metals Corp. (OTCMKTS:TBXXF) was the target of a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 20,300 shares, a decline of 73.0% from the February 13th total of 75,200 shares. Based on an average daily trading volume, of 95,900 shares, the days-to-cover ratio is currently 0.2 days.

Turmalina Metals Trading Up 9.0 %

OTCMKTS:TBXXF opened at $0.13 on Thursday. Turmalina Metals has a 1 year low of $0.02 and a 1 year high of $0.19. The firm’s fifty day simple moving average is $0.06 and its 200 day simple moving average is $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.