Short Interest in Coppernico Metals Inc (OTCMKTS:CPPMF) Decreases By 56.5%

Coppernico Metals Inc (OTCMKTS:CPPMF) was the recipient of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 29,400 shares, a decline of 56.5% from the February 28th total of 67,600 shares. Based on an average daily volume of 162,400 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are short sold.

Coppernico Metals Stock Down 1.1 %

CPPMF traded down $0.00 on Friday, reaching $0.12. The company’s stock had a trading volume of 24,458 shares, compared to its average volume of 79,348. The company has a market capitalization of $25.34 million, a price-to-earnings ratio of 1.31 and a beta of 2.01. Coppernico Metals has a fifty-two week low of $0.01 and a fifty-two week high of $0.41. The company has a quick ratio of 0.87, a current ratio of 1.22 and a debt-to-equity ratio of 0.36. The stock has a 50 day moving average of $0.14 and a two-hundred day moving average of $0.21.

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.