Cascadero Copper Co. (CVE:CCD – Get Free Report) shares dropped 20% on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02. 130,650 shares changed hands during mid-day trading, a decline of 21% from the average daily volume of 165,136 shares. The stock had previously closed at C$0.03.
Cascadero Copper Price Performance
The company has a quick ratio of 3.44, a current ratio of 0.54 and a debt-to-equity ratio of 21.60. The stock’s 50-day moving average price is C$0.01 and its 200-day moving average price is C$0.01. The company has a market capitalization of C$6.00 million, a price-to-earnings ratio of -20.00 and a beta of -6.79.
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.
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