Coppernico Metals Inc (OTCMKTS:CPPMF) Short Interest Up 54.7% in February

Coppernico Metals Inc (OTCMKTS:CPPMF) was the target of a significant growth in short interest in February. As of February 28th, there was short interest totalling 67,600 shares, a growth of 54.7% from the February 13th total of 43,700 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 265,300 shares, the days-to-cover ratio is presently 0.3 days.

Coppernico Metals Trading Down 0.8 %

Shares of Coppernico Metals stock opened at $0.12 on Friday. The stock has a fifty day simple moving average of $0.15 and a 200 day simple moving average of $0.22. Coppernico Metals has a 12-month low of $0.01 and a 12-month high of $0.41. The company has a market capitalization of $26.26 million, a P/E ratio of 1.36 and a beta of 2.01. 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.