Terra Metals Limited (OTCMKTS:PNGZF) Short Interest Update

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

Terra Metals Stock Performance

Shares of PNGZF remained flat at $0.26 during mid-day trading on Tuesday. The firm’s 50-day simple moving average is $0.25 and its two-hundred day simple moving average is $0.20. Terra Metals has a twelve month low of $0.13 and a twelve month high of $0.34.

About Terra Metals

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.