Coppernico Metals Inc (OTCMKTS:CPPMF) Short Interest Down 28.6% in August

by · The Cerbat Gem

Coppernico Metals Inc (OTCMKTS:CPPMF – Get Free Report) saw a significant drop in short interest in the month of August. As of August 15th, there was short interest totaling 40,400 shares, adropof28.6% from the July 31st total of 56,600 shares. Based on an average daily trading volume, of 184,300 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 184,300 shares, the days-to-cover ratio is currently 0.2 days.

Coppernico Metals Trading Up 4.1%

CPPMF stock traded up $0.01 during trading on Monday, reaching $0.18. 107,675 shares of the stock were exchanged, compared to its average volume of 77,459. The firm has a market capitalization of $38.16 million, a price-to-earnings ratio of 1.98 and a beta of 2.01. The company has a current ratio of 1.22, a quick ratio of 0.87 and a debt-to-equity ratio of 0.36. Coppernico Metals has a 1 year low of $0.01 and a 1 year high of $0.41. The business has a 50 day moving average price of $0.13 and a 200-day moving average price of $0.12.

About Coppernico Metals

(Get Free Report)

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.

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