Coppernico Metals Inc (OTCMKTS:CPPMF) Sees Significant Growth in Short Interest

Coppernico Metals Inc (OTCMKTS:CPPMF) was the recipient of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 131,498 shares, a growth of 201.9% from the April 15th total of 43,559 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 446,357 shares, the short-interest ratio is currently 0.3 days.

Coppernico Metals Trading Down 0.5%

Shares of CPPMF stock traded down $0.00 during trading hours on Thursday, hitting $0.31. 67,700 shares of the company’s stock traded hands, compared to its average volume of 174,285. Coppernico Metals has a 12 month low of $0.08 and a 12 month high of $0.50. The stock’s 50 day simple moving average is $0.27 and its 200 day simple moving average is $0.26. The stock has a market cap of $66.01 million, a PE ratio of 3.42 and a beta of 2.01. The company has a quick ratio of 0.87, a current ratio of 1.22 and a debt-to-equity ratio of 0.36.

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. Copper Mountain Mining Corporation was incorporated in 2006 and is headquartered in Vancouver, Canada.