Terra Metals Limited (OTCMKTS:PNGZF) Sees Large Increase in Short Interest

Terra Metals Limited (OTCMKTS:PNGZFGet Free Report) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 4,916 shares, a growth of ∞ from the August 15th total of 0 shares. Based on an average daily trading volume, of 686 shares, the short-interest ratio is presently 7.2 days.

Terra Metals Stock Performance

OTCMKTS:PNGZF opened at $0.17 on Thursday. The stock has a 50-day simple moving average of $0.17 and a 200 day simple moving average of $0.22. Terra Metals has a 52-week low of $0.13 and a 52-week high of $0.34.

About Terra Metals

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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.

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