Coppernico Metals Inc (OTCMKTS:CPPMF) Short Interest Update

Coppernico Metals Inc (OTCMKTS:CPPMFGet Free Report) saw a large decline in short interest in July. As of July 15th, there was short interest totaling 204,547 shares, a decline of 52.9% from the June 30th total of 434,355 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 259,458 shares, the short-interest ratio is currently 0.8 days.

Coppernico Metals Price Performance

Shares of OTCMKTS:CPPMF traded down $0.00 on Tuesday, reaching $0.20. 5,572 shares of the company were exchanged, compared to its average volume of 172,643. The firm has a market cap of $43.41 million, a price-to-earnings ratio of 2.25 and a beta of 2.01. Coppernico Metals has a 1-year low of $0.10 and a 1-year high of $0.50. The company has a 50-day moving average of $0.25 and a 200-day moving average of $0.28. The company has a current ratio of 1.22, a quick ratio of 0.87 and a debt-to-equity ratio of 0.36.

About Coppernico Metals

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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. Copper Mountain Mining Corporation was incorporated in 2006 and is headquartered in Vancouver, Canada.

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