Timberline Resources Corp (OTCMKTS:TLRS) saw a large growth in short interest during the month of August. As of August 14th, there was short interest totalling 23,600 shares, a growth of 126.9% from the July 30th total of 10,400 shares. Based on an average daily volume of 204,200 shares, the short-interest ratio is presently 0.1 days.
OTCMKTS:TLRS traded up $0.01 during mid-day trading on Thursday, hitting $0.23. 318,858 shares of the stock traded hands, compared to its average volume of 131,894. The stock has a market capitalization of $16.78 million, a price-to-earnings ratio of -5.75 and a beta of 1.35. The company has a quick ratio of 0.28, a current ratio of 0.17 and a debt-to-equity ratio of 0.02. Timberline Resources has a 52 week low of $0.02 and a 52 week high of $0.23. The firm’s 50 day moving average is $0.14 and its two-hundred day moving average is $0.08.
Timberline Resources Company Profile
Timberline Resources Corporation engages in the exploration and development of mineral properties in the United States. The company primarily explores for gold and silver deposits. It holds interests in the Eureka property covering an area of approximately 16,000 acres located in the southern part of the Eureka mining district of Eureka county, Nevada; the Elder Creek property covering approximately 9,600 acres located in northern Nevada; and the ICBM (Paiute) Project consisting of approximately 1,346 acres located in the Battle Mountain Mining District, Lander and Humboldt Counties, Nevada.
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