What’s TERRACO GOLD CORPORATION ORDINARY SHARES (OTCMKTS:TCEGF) Upside After This Short Interest Decrease?

April 16, 2018 - By Winifred Garcia

The stock of TERRACO GOLD CORPORATION ORDINARY SHARES (OTCMKTS:TCEGF) registered a decrease of 6.16% in short interest. TCEGF’s total short interest was 25,900 shares in April as published by FINRA. Its down 6.16% from 27,600 shares, reported previously. With 52,500 shares average volume, it will take short sellers 1 days to cover their TCEGF’s short positions. The short interest to TERRACO GOLD CORPORATION ORDINARY SHARES’s float is 0.02%.

The stock 3.45% or $0 during the last trading session, reaching $0.07. It is down 0.00% since April 16, 2017 and is . It has underperformed by 11.55% the S&P500.

Terraco Gold Corp., a precious metals royalty and exploration company, engages in the acquisition and exploration of mineral properties; and the acquisition of royalty assets in the United States. The company has market cap of $9.69 million. It holds a 100% interest in the Almaden project, which consists of 12 leased patented lode mining claims, 210 unpatented lode mining claims, and approximately 280 acres of private fee ground located in Washington County, Idaho. It has a 7 P/E ratio. The firm also has royalty interests in the Spring Valley gold project located in Pershing County, Nevada.

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