Capstone Copper Corp. (OTCMKTS:CSCCF) Sees Large Increase in Short Interest

Capstone Copper Corp. (OTCMKTS:CSCCFGet Free Report) was the target of a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 15,311,100 shares, an increase of 18.1% from the November 30th total of 12,968,100 shares. Based on an average daily volume of 316,200 shares, the days-to-cover ratio is presently 48.4 days.

Capstone Copper Stock Up 0.2 %

Shares of OTCMKTS CSCCF traded up C$0.01 during mid-day trading on Tuesday, reaching C$6.16. 135,367 shares of the company’s stock traded hands, compared to its average volume of 249,096. The business has a 50-day simple moving average of C$6.78 and a 200 day simple moving average of C$6.94. Capstone Copper has a 1-year low of C$4.41 and a 1-year high of C$8.49.

About Capstone Copper

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Capstone Copper Corp. operates as a copper mining company in the United States, Chile, and Mexico. It primarily explores for copper, silver, zinc, and other metals. The company owns 100% interests in Pinto Valley copper mine located in the Arizona, the United States; Mantos Blancos copper-silver mine located in the Region of Antofagasta, Chile; Santo Domingo copper-iron-gold-cobalt project located in the Atacama region, Chile; and Cozamin copper-silver mine located in the Zacatecas, Mexico.

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