Short Interest in Terra Metals Limited (OTCMKTS:PNGZF) Declines By 52.8%

Terra Metals Limited (OTCMKTS:PNGZF) saw a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 78,930 shares, a decline of 52.8% from the April 30th total of 167,385 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ? days.

Terra Metals Stock Performance

OTCMKTS:PNGZF remained flat at $0.26 during trading hours on Monday. Terra Metals has a 12 month low of $0.13 and a 12 month high of $0.34. The firm has a fifty day moving average price of $0.25 and a 200 day moving average price of $0.20.

Terra Metals Company Profile

Terra Metals Limited engages in mineral exploration and development activities in Australia. The company explores in gold, copper, nickel, and platinum group elements. Its flagship project is the 100% owned Dante project located to the West Musgrave region of Western Australia. The company was formerly known as GCX Metals Limited and changed its name to Terra Metals Limited in April 2024. Terra Metals Limited was incorporated in 2012 and is based in Perth, Australia.