Coppernico Metals Inc (OTCMKTS:CPPMF) Short Interest Update

Coppernico Metals Inc (OTCMKTS:CPPMF) was the target of a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 67,200 shares, a drop of 17.0% from the November 30th total of 81,000 shares. Based on an average daily trading volume, of 162,000 shares, the short-interest ratio is presently 0.4 days.

Coppernico Metals Trading Up 13.3 %

OTCMKTS CPPMF traded up $0.04 on Tuesday, reaching $0.18. The company had a trading volume of 98,532 shares, compared to its average volume of 45,137. The firm has a market cap of $37.73 million, a price-to-earnings ratio of 1.96 and a beta of 2.01. Coppernico Metals has a fifty-two week low of $0.00 and a fifty-two week high of $0.41. The business has a 50 day moving average of $0.22 and a two-hundred day moving average of $0.24. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.22 and a quick ratio of 0.87.

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.