Short Interest in Coppernico Metals Inc (OTCMKTS:CPPMF) Drops By 60.2%

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

Coppernico Metals Stock Performance

OTCMKTS:CPPMF opened at $0.29 on Friday. The stock has a market cap of $63.20 million, a P/E 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 twelve month low of $0.09 and a twelve month high of $0.50. The business’s 50-day moving average price is $0.28 and its two-hundred day moving average price is $0.27.

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. Copper Mountain Mining Corporation was incorporated in 2006 and is headquartered in Vancouver, Canada.