Coppernico Metals Inc (OTCMKTS:CPPMF) Sees Large Drop in Short Interest

Coppernico Metals Inc (OTCMKTS:CPPMF) was the target of a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 29,400 shares, a decline of 56.5% from the February 28th total of 67,600 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 162,400 shares, the short-interest ratio is presently 0.2 days.

Coppernico Metals Stock Performance

CPPMF traded down $0.00 on Friday, reaching $0.12. The company had a trading volume of 24,458 shares, compared to its average volume of 79,348. The company’s fifty day moving average is $0.14 and its 200 day moving average is $0.21. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.87 and a current ratio of 1.22. The stock has a market cap of $25.34 million, a P/E ratio of 1.31 and a beta of 2.01. Coppernico Metals has a fifty-two week low of $0.01 and a fifty-two week high of $0.41.

Coppernico Metals Company Profile

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.