Coppernico Metals Inc (OTCMKTS:CPPMF) Short Interest Update

Coppernico Metals Inc (OTCMKTS:CPPMF) saw a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 238,922 shares, an increase of 356.3% from the May 14th total of 52,364 shares. Based on an average daily volume of 560,110 shares, the short-interest ratio is presently 0.4 days. Approximately 0.1% of the company’s shares are sold short.

Coppernico Metals Trading Down 2.6%

OTCMKTS:CPPMF traded down $0.01 during mid-day trading on Friday, reaching $0.24. 138,215 shares of the company’s stock traded hands, compared to its average volume of 183,937. Coppernico Metals has a 12-month low of $0.11 and a 12-month high of $0.50. The firm has a market capitalization of $51.17 million, a price-to-earnings ratio of 2.65 and a beta of 2.01. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.22 and a quick ratio of 0.87. The company has a 50 day moving average price of $0.29 and a 200-day moving average price of $0.28.

About Coppernico Metals

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.