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

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

Coppernico Metals Trading Down 0.8 %

CPPMF opened at $0.12 on Monday. The firm has a market cap of $26.26 million, a P/E ratio of 1.36 and a beta of 2.01. Coppernico Metals has a 12 month low of $0.01 and a 12 month high of $0.41. The company has a current ratio of 1.22, a quick ratio of 0.87 and a debt-to-equity ratio of 0.36. The stock has a 50-day moving average of $0.15 and a 200 day moving average of $0.22.

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.