What’s Propelling TERRAX MINERALS INC COMMON SHARES CANAD (OTCMKTS:TRXXF) After Lower Shorts Reported?

October 13, 2018 - By Louis Casey

TerraX Minerals Inc. (OTCMKTS:TRXXF) Logo

The stock of TERRAX MINERALS INC COMMON SHARES CANAD (OTCMKTS:TRXXF) registered a decrease of 94.67% in short interest. TRXXF’s total short interest was 1,200 shares in October as published by FINRA. Its down 94.67% from 22,500 shares, reported previously. With 16,300 shares average volume, it will take short sellers 0 days to cover their TRXXF’s short positions.

The stock decreased 13.39% or $0.040709 during the last trading session, reaching $0.263291. About 23,250 shares traded or 99.11% up from the average. TerraX Minerals Inc. (OTCMKTS:TRXXF) has 0.00% since October 13, 2017 and is . It has underperformed by 15.62% the S&P500.

TerraX Minerals Inc. engages in the exploration and development of mineral properties in Canada. The company has market cap of $31.50 million. The firm holds 100% interests in the Yellowknife City Gold project that includes Northbelt, Southbelt, and Eastbelt properties encompassing 382 square kilometers of land on the prolific Yellowknife greenstone belt. It currently has negative earnings. It also has 100% interests in the Stewart Property, which consists of 2 mineral exploration licenses totaling approximately 137 claims covering approximately 34.25 square kilometers located in the Burin Peninsula of Newfoundland.

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