Coppernico Metals Inc (OTCMKTS:CPPMF) Sees Significant Decline in Short Interest

Coppernico Metals Inc (OTCMKTS:CPPMF) was the recipient of a large drop in short interest in the month of December. As of December 31st, there was short interest totalling 56,700 shares, a drop of 15.6% from the December 15th total of 67,200 shares. Based on an average trading volume of 105,100 shares, the short-interest ratio is presently 0.5 days.

Coppernico Metals Trading Down 10.0 %

OTCMKTS CPPMF traded down $0.02 during trading hours on Friday, hitting $0.15. 522,684 shares of the company’s stock were exchanged, compared to its average volume of 83,799. Coppernico Metals has a 1-year low of $0.00 and a 1-year high of $0.41. The company has a current ratio of 1.22, a quick ratio of 0.87 and a debt-to-equity ratio of 0.36. The stock has a 50-day simple moving average of $0.18 and a 200 day simple moving average of $0.24. The firm has a market cap of $32.11 million, a price-to-earnings ratio of 1.66 and a beta of 2.01.

Coppernico Metals Company Profile

Copper Mountain Mining Corporation engages in the mining, exploration, and development of mineral properties in Canada. It explores for copper, gold, and silver deposits. The company holds 75% interests in the Copper Mountain mine comprising 135 crown-granted mineral claims, 145 located mineral claims, 14 mining leases, 12 fee simple properties, and seven cell claims that covers an area of approximately 6,354 hectares located to the south of Princeton, British Columbia.