Cascadero Copper (CVE:CCD) Stock Price Down 20% – What’s Next?

Cascadero Copper Co. (CVE:CCD)’s stock price was down 20% during mid-day trading on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 177,370 shares changed hands during trading, an increase of 15% from the average session volume of 154,410 shares. The stock had previously closed at C$0.03.

Cascadero Copper Price Performance

The company has a debt-to-equity ratio of 21.60, a current ratio of 0.54 and a quick ratio of 3.44. The business has a 50 day simple moving average of C$0.01 and a 200 day simple moving average of C$0.01. The stock has a market cap of C$6.00 million, a PE ratio of -20.00 and a beta of -6.79.

Cascadero Copper Company Profile

Cascadero Copper Corporation, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties primarily in Argentina. The company explores for cesium, silver, zinc, lead, gold, uranium, copper, tellurium, tin, molybdenum, iron, and rubidium ores. It holds interests in 27 mineral properties located in the northern area of the Argentine Puna. Cascadero Copper Corporation was incorporated in 2003 and is headquartered in North Vancouver, Canada.