Coppernico Metals Inc (OTCMKTS:CPPMF) Short Interest Down 5.5% in August

Coppernico Metals Inc (OTCMKTS:CPPMF) was the recipient of a large decrease in short interest during the month of August. As of August 15th, there was short interest totalling 1,128,200 shares, a decrease of 5.5% from the July 31st total of 1,193,600 shares. Based on an average trading volume of 74,000 shares, the days-to-cover ratio is presently 15.2 days.

Coppernico Metals Stock Down 10.1 %

OTCMKTS:CPPMF opened at $0.30 on Monday. Coppernico Metals has a 52 week low of $0.00 and a 52 week high of $0.36. The stock’s fifty day moving average is $0.22 and its two-hundred day moving average is $0.16. The stock has a market capitalization of $64.06 million, a price-to-earnings ratio of 3.32 and a beta of 2.01. The company has a quick ratio of 0.87, a current ratio of 1.22 and a debt-to-equity ratio of 0.36.

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.