After Reaching Milestone, Is TOACHI MNG INC ORDINARY SHARES CANADA (OTCMKTS:TIMGF)’s Short Interest Revealing Something?

July 14, 2018 - By Richard Conner

The stock of TOACHI MNG INC ORDINARY SHARES CANADA (OTCMKTS:TIMGF) registered an increase of 3888.89% in short interest. TIMGF’s total short interest was 35,900 shares in July as published by FINRA. Its up 3888.89% from 900 shares, reported previously. With 25,500 shares average volume, it will take short sellers 1 days to cover their TIMGF’s short positions.

It closed at $0.116 lastly. It is down 0.00% since July 14, 2017 and is . It has underperformed by 12.57% the S&P500.

Toachi Mining Inc. engages in the acquisition, exploration, and development of mineral properties. The company has market cap of $7.65 million. It explores for gold, copper, zinc, silver, and lead deposits. It currently has negative earnings. It holds an option to acquire 60% to 75% interest in the La Plata project that covers approximately 2,300 hectares located in Ecuador.

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