Kutcho Copper Corp. (OTCMKTS:KCCFF) Sees Large Decline in Short Interest

Kutcho Copper Corp. (OTCMKTS:KCCFF) was the recipient of a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 29,309 shares, a decline of 56.7% from the July 30th total of 67,718 shares. Based on an average daily trading volume, of 111,548 shares, the days-to-cover ratio is presently 0.3 days.

Kutcho Copper Stock Up 4.0%

Shares of OTCMKTS KCCFF traded up $0.01 during mid-day trading on Friday, reaching $0.25. 24,689 shares of the company’s stock traded hands, compared to its average volume of 77,097. The business has a 50-day simple moving average of $0.21 and a 200 day simple moving average of $0.24. Kutcho Copper has a 1-year low of $0.08 and a 1-year high of $0.36.

Kutcho Copper Company Profile

Kutcho Copper Corp. is a mineral exploration and development company focused on advancing its flagship Kutcho copper-zinc project in British Columbia, Canada. The company holds a 100% interest in the Kutcho property, a volcanogenic massive sulphide deposit located in the Golden Triangle region of northwest British Columbia. Kutcho Copper’s core activities encompass project permitting, technical studies, community engagement and infrastructure planning aimed at bringing the deposit into production.

The Kutcho project comprises three primary zones—Esso, Sumac and Main—hosted within a district known for high-grade copper and zinc mineralization.