Turmalina Metals Corp. (OTCMKTS:TBXXF – Get Free Report)’s stock price shot up 0.1% on Friday. The company traded as high as $0.4206 and last traded at $0.4206. Approximately 181,749 shares changed hands during mid-day trading, an increase of 24% from the average daily volume of 146,389 shares. The stock had previously closed at $0.42.
Turmalina Metals Price Performance
The company’s 50 day moving average is $0.53 and its 200-day moving average is $0.60.
About Turmalina Metals
Turmalina Metals Corp. is a mineral exploration company focused on identifying and advancing copper, gold and silver deposits. The company uses geological exploration and drilling programs to evaluate mineralized systems, particularly tourmaline breccia deposits that can host high-grade mineralization.
Turmalina’s flagship San Francisco project is located in San Juan Province, Argentina. The project contains multiple mineralized tourmaline breccia targets and has been the focus of exploration activities designed to define the scale, grade and continuity of its copper-gold-silver mineralization.
The company’s activities are concentrated in Argentina, where it seeks to expand its mineral inventory through field exploration, sampling, geophysics and drilling.
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