Coppernico Metals Inc (OTCMKTS:CPPMF) Short Interest Update

Coppernico Metals Inc (OTCMKTS:CPPMF) was the recipient of a significant decline in short interest in May. As of May 15th, there was short interest totaling 52,364 shares, a decline of 60.2% from the April 30th total of 131,498 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 356,564 shares, the short-interest ratio is presently 0.1 days.

Coppernico Metals Trading Down 3.3%

Shares of CPPMF stock opened at $0.29 on Friday. The stock has a market cap of $63.20 million, a price-to-earnings ratio of 3.28 and a beta of 2.01. The company has a quick ratio of 0.87, a current ratio of 1.22 and a debt-to-equity ratio of 0.36. Coppernico Metals has a fifty-two week low of $0.09 and a fifty-two week high of $0.50. The firm’s 50 day moving average price is $0.28 and its two-hundred day moving average price is $0.27.

About Coppernico Metals

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.