Shares of Marimaca Copper Corp. (OTCMKTS:MARIF – Get Free Report) were down 3.4% on Wednesday. The stock traded as low as $6.05 and last traded at $6.16. 17,698 shares changed hands during trading, a decline of 28% from the average daily volume of 24,469 shares. The stock had previously closed at $6.38.
Marimaca Copper Trading Down 0.8%
The stock’s fifty day simple moving average is $5.79 and its two-hundred day simple moving average is $5.87.
About Marimaca Copper
Marimaca Copper Inc is a mineral exploration and development company focused on advancing the Marimaca copper project in the Antofagasta region of northern Chile. The company’s primary objective is to bring its near‐surface, oxide copper deposit into production through a low‐cost, heap‐leach and solvent extraction‐electrowinning (SX‐EW) process. Marimaca Copper is listed on the OTC Markets under the ticker symbol MARIF.
The Marimaca deposit hosts a substantial oxide resource with demonstrated grade and scale, supported by detailed drilling and metallurgical test work.
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