Temas Resources Corp. (OTCMKTS:TMASF) Sees Large Growth in Short Interest

Temas Resources Corp. (OTCMKTS:TMASF) was the recipient of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 21,730 shares, an increase of 634.6% from the September 30th total of 2,958 shares. Based on an average daily trading volume, of 139,152 shares, the short-interest ratio is currently 0.2 days.

Temas Resources Price Performance

OTCMKTS TMASF opened at $0.04 on Wednesday. Temas Resources has a 1-year low of $0.03 and a 1-year high of $0.21. The stock has a 50-day moving average of $0.07 and a 200-day moving average of $0.11.

About Temas Resources

Temas Resources Corp. is a Canadian mineral exploration and development company focused on advancing projects containing critical and strategic minerals. The company’s work centers on identifying, evaluating and developing mineral properties that may support future supplies of titanium, iron and other industrial materials.

Temas Resources has been associated with the La Blanquita project in Chile, a titanium-iron exploration property. In addition to conventional exploration, the company has investigated processing approaches intended to improve the recovery and potential commercial value of minerals such as ilmenite, which can be used in the production of titanium products and iron.

The company’s activities are primarily focused on mineral exploration, project evaluation and the development of technologies or partnerships that could support future mineral processing.