Cascadero Copper (CVE:CCD) Stock Price Down 20% – What’s Next?

Cascadero Copper Co. (CVE:CCD) shares fell 20% during trading on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02. 130,650 shares were traded during trading, a decline of 21% from the average session volume of 165,136 shares. The stock had previously closed at C$0.03.

Cascadero Copper Price Performance

The business has a 50 day moving average of C$0.01 and a 200-day moving average of C$0.01. The stock has a market cap of C$6.00 million, a PE ratio of -20.00 and a beta of -6.79. 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

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.