Cascadero Copper (CVE:CCD) Trading Down 40% – Time to Sell?

Cascadero Copper Co. (CVE:CCD)’s share price was down 40% on Wednesday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 229,600 shares were traded during mid-day trading, an increase of 52% from the average daily volume of 151,338 shares. The stock had previously closed at C$0.03.

Cascadero Copper Trading Down 40.0%

The company has a 50 day simple moving average of C$0.01 and a 200 day simple moving average of C$0.01. The company has a market capitalization of C$4.50 million, a PE ratio of -15.00 and a beta of -6.52. The company has a debt-to-equity ratio of 21.60, a quick ratio of 3.44 and a current ratio of 0.54.

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.