Marimaca Copper Corp. (OTCMKTS:MARIF – Get Free Report) shares shot up 0.1% on Thursday. The stock traded as high as $5.37 and last traded at $5.32. Approximately 36,598 shares traded hands during mid-day trading, an increase of 42% from the average session volume of 25,844 shares. The stock had previously closed at $5.3140.
Marimaca Copper Trading Up 0.6%
The business’s 50-day moving average price is $5.93 and its two-hundred day moving average price is $5.80.
About Marimaca Copper
Marimaca Copper Corp. is a Canadian mineral exploration and development company focused on advancing copper assets in Chile. Its flagship property is the Marimaca Copper Project, an oxide copper deposit located in the Antofagasta Region, a well-established mining area with access to infrastructure and a long history of copper production.
The company’s activities include mineral exploration, resource evaluation, technical studies and project development. The Marimaca project is being evaluated as a potential source of copper from near-surface oxide mineralization, which may be suitable for processing through conventional leaching methods.
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