Cascadero Copper (CVE:CCD) Shares Down 20% – Here’s What Happened

Cascadero Copper Co. (CVE:CCDGet Free Report)’s stock price was down 20% on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. 177,370 shares changed hands during mid-day trading, an increase of 15% from the average session volume of 154,410 shares. The stock had previously closed at C$0.03.

Cascadero Copper Stock Performance

The company has a current ratio of 0.54, a quick ratio of 3.44 and a debt-to-equity ratio of 21.60. The stock has a market capitalization of C$6.00 million, a PE ratio of -20.00 and a beta of -6.06. The firm’s 50-day simple moving average is C$0.01 and its two-hundred day simple moving average is C$0.01.

About Cascadero Copper

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Cascadero Copper Corporation, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties primarily in Argentina. The company explores for cesium, silver, zinc, lead, gold, uranium, copper, tellurium, tin, molybdenum, iron, and rubidium ores. It holds interests in 27 mineral properties located in the northern area of the Argentine Puna. Cascadero Copper Corporation was incorporated in 2003 and is headquartered in North Vancouver, Canada.

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