Cascadero Copper (CVE:CCD) Sets New 1-Year High – Still a Buy?

Shares of Cascadero Copper Co. (CVE:CCDGet Free Report) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$0.03 and last traded at C$0.03, with a volume of 4837788 shares changing hands. The stock had previously closed at C$0.01.

Cascadero Copper Stock Performance

The stock has a 50-day moving average price of C$0.01 and a 200 day moving average price of C$0.01. The company has a quick ratio of 3.44, a current ratio of 0.54 and a debt-to-equity ratio of 21.60. The firm has a market capitalization of C$7.50 million, a price-to-earnings ratio of -25.00 and a beta of -6.06.

About Cascadero Copper

(Get Free Report)

Cascadero Copper Corporation, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties primarily in Argentina. The company explores for cesium, silver, zinc, lead, gold, uranium, copper, tellurium, tin, molybdenum, iron, and rubidium ores. It holds interests in 27 mineral properties located in the northern area of the Argentine Puna. Cascadero Copper Corporation was incorporated in 2003 and is headquartered in North Vancouver, Canada.

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