Could TRIMETALS MINING INC COMMON SHARES CAN (OTCMKTS:TMIAF) Change Direction After More Shorts?

October 13, 2018 - By Darrin Black

TriMetals Mining Inc. (OTCMKTS:TMIAF) Logo

The stock of TRIMETALS MINING INC COMMON SHARES CAN (OTCMKTS:TMIAF) registered an increase of 3.43% in short interest. TMIAF’s total short interest was 114,500 shares in October as published by FINRA. Its up 3.43% from 110,700 shares, reported previously. With 20,700 shares average volume, it will take short sellers 6 days to cover their TMIAF’s short positions.

It closed at $0.0707 lastly. It is down 0.00% since October 13, 2017 and is . It has underperformed by 15.62% the S&P500.

TriMetals Mining Inc. engages in the acquisition, exploration, and development of mineral properties in Bolivia, Canada, Chile, the United States, and internationally. The company has market cap of $13.19 million. The firm holds 100% interest in the Gold Springs gold-silver project consisting of 961 unpatented lode claims, 13 patented lode claims, 4 the State of Utah mineral leases, and 1 surface real estate deed parcel and right-of-way covering approximately 7,807 hectares located in Western Iron, Utah, and Eastern Lincoln Counties, Nevada. It currently has negative earnings. It also owns interest in the Escalones copper-gold porphyry project covering an area of 70 square kilometers located in the Chilean copper belt.

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