Could TRIMETALS MINING INC COMMON SHARES CAN (OTCMKTS:TMIAF) Skyrocket? The Stock Has Too Many Sellers

April 16, 2018 - By Hazel Jackson

TriMetals Mining Inc. (OTCMKTS:TMIAF) Logo

The stock of TRIMETALS MINING INC COMMON SHARES CAN (OTCMKTS:TMIAF) registered an increase of 0.1% in short interest. TMIAF’s total short interest was 98,500 shares in April as published by FINRA. Its up 0.1% from 98,400 shares, reported previously. With 29,800 shares average volume, it will take short sellers 3 days to cover their TMIAF’s short positions. The short interest to TRIMETALS MINING INC COMMON SHARES CAN’s float is 0.07%.

The stock decreased 16.27% or $0.0263 during the last trading session, reaching $0.1352. About 6,259 shares traded. TriMetals Mining Inc. (OTCMKTS:TMIAF) has 0.00% since April 16, 2017 and is . It has underperformed by 11.55% 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 $23.04 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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