Short Interest in Coppernico Metals Inc (OTCMKTS:CPPMF) Decreases By 28.6%

Coppernico Metals Inc (OTCMKTS:CPPMF) was the recipient of a significant decline in short interest during the month of August. As of August 15th, there was short interest totaling 40,400 shares, adeclineof28.6% from the July 31st total of 56,600 shares. Based on an average daily volume of 184,300 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 184,300 shares, the short-interest ratio is presently 0.2 days.

Coppernico Metals Stock Performance

Shares of CPPMF opened at $0.18 on Tuesday. Coppernico Metals has a 1 year low of $0.01 and a 1 year high of $0.41. The company has a market cap of $38.37 million, a price-to-earnings ratio of 1.99 and a beta of 2.01. 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 firm has a fifty day moving average of $0.13 and a 200-day moving average of $0.12.

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.