Coppernico Metals Inc (OTCMKTS:CPPMF) Short Interest Down 15.7% in November

Coppernico Metals Inc (OTCMKTS:CPPMF) was the target of a large decline in short interest during the month of November. As of November 15th, there was short interest totalling 54,700 shares, a decline of 15.7% from the October 31st total of 64,900 shares. Based on an average daily trading volume, of 247,600 shares, the days-to-cover ratio is currently 0.2 days.

Coppernico Metals Price Performance

Shares of OTCMKTS CPPMF remained flat at $0.20 during trading on Friday. 10,650 shares of the stock were exchanged, compared to its average volume of 43,198. 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’s 50-day moving average price is $0.28 and its 200 day moving average price is $0.25. Coppernico Metals has a 12-month low of $0.00 and a 12-month high of $0.41. The stock has a market capitalization of $43.16 million, a PE ratio of 2.24 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.