Toro Energy Ltd. (OTCMKTS:TOEYF) Sees Significant Increase in Short Interest

by · The Cerbat Gem

Toro Energy Ltd. (OTCMKTS:TOEYFGet Free Report) was the target of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 10,552 shares, a growth of ∞ from the April 15th total of 0 shares. Based on an average trading volume of 1,964 shares, the days-to-cover ratio is currently 5.4 days. Approximately 0.0% of the company’s shares are short sold.

Toro Energy Stock Performance

Shares of TOEYF stock remained flat at $0.43 on Monday. Toro Energy has a 12-month low of $0.09 and a 12-month high of $0.44. The company has a 50-day simple moving average of $0.41 and a 200-day simple moving average of $0.35.

Toro Energy Company Profile

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Toro Energy (OTCMKTS:TOEYF) is an Australia‐based company focused on the exploration and development of uranium and rare earth mineral projects. Headquartered in Perth, Western Australia, Toro Energy advances its projects from early exploration through to feasibility and permitting stages, targeting markets that require secure long‐term supplies of nuclear fuel and critical minerals. The company maintains a technical team that applies modern geological and metallurgical methods to assess resource potential and project viability.

The company’s flagship asset is the Wiluna Uranium Project, located in the northern Goldfields region of Western Australia.

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