TMAC RESOURCES ORD (OTCMKTS:TMMFF) Shorted Shares Increased 22.9% After Market Selling

January 8, 2018 - By whatsonthorold

The stock of TMAC RESOURCES ORD (OTCMKTS:TMMFF) registered an increase of 22.9% in short interest. TMMFF’s total short interest was 614,500 shares in January as published by FINRA. Its up 22.9% from 500,000 shares, reported previously. With 4,400 shares average volume, it will take short sellers 140 days to cover their TMMFF’s short positions.

It closed at $7.8428 lastly. It is down 0.00% since January 8, 2017 and is . It has underperformed by 16.70% the S&P500.

TMAC Resources Inc. acquires, explores for, evaluates, and develops mineral properties in Canada. The company has market cap of $788.30 million. The firm primarily explores for gold deposits. It currently has negative earnings. The Company’s principal asset is the Hope Bay Project covering an area of 1,101 square kilometers located in the Kitikmeot region of western Nunavut Territory.

More notable recent TMAC Resources Inc. (OTCMKTS:TMMFF) news were published by: Businesswire.com which released: “TMAC Resources Announces CEO’s Retirement” on November 16, 2017, also Businesswire.com with their article: “TMAC Resources Strengthens Executive Team and Appoints Gil Lawson as Chief …” published on August 11, 2017, Businesswire.com published: “TMAC Resources’ Guidance for 2017 and Update on Commissioning of Processing …” on January 11, 2017. More interesting news about TMAC Resources Inc. (OTCMKTS:TMMFF) were released by: Businesswire.com and their article: “TMAC Resources Announces President and Chief Technology Officer’s Retirement” published on December 30, 2017 as well as Marketwired.com‘s news article titled: “TMAC Resources Announces Final Sizing of C$20.4MM Public Equity Offering” with publication date: October 27, 2017.

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