Nevada Copper Corp. (OTCMKTS:NEVDF) Sees Significant Decrease in Short Interest

Nevada Copper Corp. (OTCMKTS:NEVDF) was the recipient of a large decline in short interest in April. As of April 15th, there was short interest totalling 288,600 shares, a decline of 18.7% from the March 31st total of 354,900 shares. Based on an average daily volume of 1,105,900 shares, the days-to-cover ratio is currently 0.3 days.

Nevada Copper Stock Performance

OTCMKTS NEVDF traded up $0.00 during mid-day trading on Tuesday, reaching $0.08. 178,532 shares of the stock were exchanged, compared to its average volume of 312,504. Nevada Copper has a 1 year low of $0.04 and a 1 year high of $0.28. The business’s 50 day moving average is $0.06 and its 200-day moving average is $0.09.

About Nevada Copper

Nevada Copper Corp. engages in the exploration, development, and operation of mineral properties in Nevada. The company explores for copper, gold, silver and iron magnetite ores. It holds 100% interests in the Pumpkin Hollow Copper property that consist of approximately 28.8 square-mile land patented claims located in Yerington, Nevada.