Coppernico Metals Inc (OTCMKTS:CPPMF) Short Interest Update

Coppernico Metals Inc (OTCMKTS:CPPMF) saw a significant decline in short interest in October. As of October 31st, there was short interest totalling 64,900 shares, a decline of 49.1% from the October 15th total of 127,600 shares. Based on an average daily volume of 144,100 shares, the days-to-cover ratio is presently 0.5 days.

Coppernico Metals Price Performance

Shares of CPPMF stock traded up $0.01 during mid-day trading on Friday, reaching $0.21. The stock had a trading volume of 38,665 shares, compared to its average volume of 42,299. The company has a market cap of $45.47 million, a P/E ratio of 2.22 and a beta of 2.01. Coppernico Metals has a 12-month low of $0.00 and a 12-month high of $0.41. The business has a 50-day simple moving average of $0.30 and a 200 day simple moving average of $0.25. 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

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.