Arizona Sonoran Copper Company Inc. (OTCMKTS:ASCUF) Short Interest Update

Arizona Sonoran Copper Company Inc. (OTCMKTS:ASCUF) was the target of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 1,716,858 shares, an increase of 163.1% from the May 14th total of 652,493 shares. Based on an average daily trading volume, of 223,038 shares, the short-interest ratio is currently 7.7 days.

Arizona Sonoran Copper Price Performance

OTCMKTS:ASCUF opened at $6.71 on Friday. The firm has a 50 day simple moving average of $6.10 and a 200-day simple moving average of $4.83. Arizona Sonoran Copper has a 1-year low of $1.47 and a 1-year high of $7.72.

Arizona Sonoran Copper Company Profile

Arizona Sonoran Copper Company Inc engages in the identification, acquisition, exploration, development, and production of base metal properties. It primarily explores for copper. The company’s principal asset is the 100% owned Cactus Mine Project located in Casa Grande, Arizona. The company was formerly known as Elim Mining Incorporated and changed its name to Arizona Sonoran Copper Company Inc in July 2021. Arizona Sonoran Copper Company Inc was incorporated in 2019 and is based in Toronto, Canada.