Atico Mining Co. (OTCMKTS:ATCMF) Sees Significant Increase in Short Interest

Atico Mining Co. (OTCMKTS:ATCMF) was the recipient of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 38,966 shares, a growth of 54.3% from the August 31st total of 25,256 shares. Based on an average daily volume of 68,049 shares, the short-interest ratio is presently 0.6 days.

Atico Mining Stock Down 2.8%

ATCMF stock opened at $0.17 on Friday. Atico Mining has a 1 year low of $0.11 and a 1 year high of $0.31. The stock’s 50 day moving average price is $0.16 and its 200 day moving average price is $0.17.

About Atico Mining

Atico Mining Corp. is a Canada-based mining and mineral exploration company focused on copper and gold assets in Latin America. The company’s activities include the exploration, development and operation of mineral properties, with an emphasis on high-grade copper-gold deposits.

Atico’s principal operating asset is the El Roble mine in Colombia’s Chocó Department. The underground mine produces copper-gold concentrate, which is processed at an on-site facility. El Roble has been an established mining operation for several decades and represents the company’s primary producing asset.

The company also owns the La Plata copper-gold project in Ecuador, an exploration and development property located in the country’s central Andes.