Cascadero Copper (CVE:CCD) Shares Down 20% – Should You Sell?

Cascadero Copper Co. (CVE:CCDGet Free Report) shares traded down 20% during mid-day trading on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 177,370 shares traded hands during mid-day trading, an increase of 15% from the average daily volume of 154,410 shares. The stock had previously closed at C$0.03.

Cascadero Copper Price Performance

The company has a market capitalization of C$6.00 million, a P/E ratio of -20.00 and a beta of -6.06. The business’s 50-day simple moving average is C$0.01 and its 200 day simple moving average is C$0.01. The company has a current ratio of 0.54, a quick ratio of 3.44 and a debt-to-equity ratio of 21.60.

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.

Further Reading

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