Short Interest in Coppernico Metals Inc (OTCMKTS:CPPMF) Rises By 77.5%

Coppernico Metals Inc (OTCMKTS:CPPMF) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 71,700 shares, a growth of 77.5% from the August 15th total of 40,400 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 96,800 shares, the short-interest ratio is presently 0.7 days. Based on an average daily trading volume, of 96,800 shares, the short-interest ratio is presently 0.7 days. Currently, 0.0% of the company’s stock are sold short.

Coppernico Metals Stock Down 4.0%

CPPMF stock opened at $0.17 on Tuesday. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.22 and a quick ratio of 0.87. The stock has a market capitalization of $36.45 million, a P/E ratio of 1.89 and a beta of 2.01. The business has a 50-day moving average of $0.14 and a 200-day moving average of $0.13. Coppernico Metals has a fifty-two week low of $0.01 and a fifty-two week high of $0.41.

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.