Coppernico Metals (OTCMKTS:CPPMF) Trading Up 6.2% – Here’s Why

Shares of Coppernico Metals Inc (OTCMKTS:CPPMF) shot up 6.2% on Monday . The company traded as high as $0.15 and last traded at $0.14. 94,350 shares traded hands during mid-day trading, an increase of 9% from the average session volume of 86,527 shares. The stock had previously closed at $0.14.

Coppernico Metals Stock Up 6.2 %

The business has a fifty day moving average price of $0.16 and a two-hundred day moving average price of $0.23. 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 firm has a market capitalization of $30.87 million, a price-to-earnings ratio of 1.60 and a beta of 2.01.

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.