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

Turmalina Metals Corp. (OTCMKTS:TBXXF) saw 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 volume of 95,900 shares, the short-interest ratio is currently 0.2 days.

Turmalina Metals Stock Performance

Shares of TBXXF opened at $0.14 on Friday. The company’s fifty day moving average is $0.07 and its 200 day moving average is $0.05. Turmalina Metals has a fifty-two week low of $0.02 and a fifty-two 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.