Short Interest in Coppernico Metals Inc (OTCMKTS:CPPMF) Declines By 15.7%

Coppernico Metals Inc (OTCMKTS:CPPMF) saw a large drop in short interest in November. As of November 15th, there was short interest totalling 54,700 shares, a drop of 15.7% from the October 31st total of 64,900 shares. Based on an average trading volume of 247,600 shares, the days-to-cover ratio is presently 0.2 days.

Coppernico Metals Price Performance

OTCMKTS:CPPMF remained flat at $0.20 during mid-day trading on Friday. 10,650 shares of the company traded hands, compared to its average volume of 43,198. The stock has a market cap of $43.16 million, a P/E ratio of 2.24 and a beta of 2.01. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.87 and a current ratio of 1.22. Coppernico Metals has a 1-year low of $0.00 and a 1-year high of $0.41. The company has a 50 day moving average price of $0.28 and a two-hundred day moving average price of $0.25.

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.