Coppernico Metals Inc (OTCMKTS:CPPMF) Sees Significant Drop in Short Interest

Coppernico Metals Inc (OTCMKTS:CPPMF) saw a large decrease in short interest in November. As of November 15th, there was short interest totalling 54,700 shares, a decrease of 15.7% from the October 31st total of 64,900 shares. Based on an average daily volume of 247,600 shares, the days-to-cover ratio is currently 0.2 days.

Coppernico Metals Price Performance

CPPMF stock opened at $0.20 on Friday. Coppernico Metals has a 52 week low of $0.00 and a 52 week high of $0.41. The business has a 50-day simple moving average of $0.28 and a 200 day simple moving average of $0.25. The company has a quick ratio of 0.87, a current ratio of 1.22 and a debt-to-equity ratio of 0.36. The company has a market cap of $43.16 million, a PE ratio of 2.24 and a beta of 2.01.

Coppernico Metals Company Profile

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.