Short Interest in Coppernico Metals Inc (OTCMKTS:CPPMF) Drops By 60.2%

Coppernico Metals Inc (OTCMKTS:CPPMF) saw a large drop in short interest in May. As of May 15th, there was short interest totaling 52,364 shares, a drop of 60.2% from the April 30th total of 131,498 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 356,564 shares, the short-interest ratio is presently 0.1 days.

Coppernico Metals Stock Performance

Shares of OTCMKTS CPPMF opened at $0.29 on Friday. The stock has a market cap of $63.20 million, a price-to-earnings ratio of 3.28 and a beta of 2.01. The company has a current ratio of 1.22, a quick ratio of 0.87 and a debt-to-equity ratio of 0.36. Coppernico Metals has a 1-year low of $0.09 and a 1-year high of $0.50. The stock’s 50-day moving average is $0.28 and its 200 day moving average is $0.27.

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. Copper Mountain Mining Corporation was incorporated in 2006 and is headquartered in Vancouver, Canada.