Terra Metals Limited (OTCMKTS:PNGZF) Short Interest Update

Terra Metals Limited (OTCMKTS:PNGZF) was the target of a large decline in short interest in May. As of May 29th, there was short interest totaling 34,674 shares, a decline of 56.1% from the May 14th total of 78,930 shares. Based on an average daily volume of 1,089 shares, the days-to-cover ratio is presently 31.8 days.

Terra Metals Stock Performance

OTCMKTS PNGZF opened at $0.26 on Friday. The firm’s 50 day moving average price is $0.26 and its 200-day moving average price is $0.21. Terra Metals has a 52-week low of $0.13 and a 52-week 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.