Short Interest in Coppernico Metals Inc (OTCMKTS:CPPMF) Increases By 108.5%

Coppernico Metals Inc (OTCMKTS:CPPMF) saw a large increase in short interest in December. As of December 15th, there was short interest totaling 129,343 shares, an increase of 108.5% from the November 30th total of 62,044 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 416,785 shares, the days-to-cover ratio is presently 0.3 days. Based on an average trading volume of 416,785 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the company’s stock are short sold.

Coppernico Metals Stock Performance

Shares of CPPMF stock opened at $0.22 on Monday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.87 and a current ratio of 1.22. The company has a market capitalization of $47.81 million, a price-to-earnings ratio of 2.48 and a beta of 2.01. Coppernico Metals has a one year low of $0.08 and a one year high of $0.23. The company’s 50-day moving average is $0.19 and its 200 day moving average is $0.16.

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.