Marimaca Copper Corp. (OTCMKTS:MARIF) Short Interest Update

Marimaca Copper Corp. (OTCMKTS:MARIF) was the target of a significant decline in short interest during the month of March. As of March 13th, there was short interest totaling 171,269 shares, a decline of 76.6% from the February 26th total of 731,495 shares. Based on an average daily volume of 27,852 shares, the days-to-cover ratio is currently 6.1 days. Based on an average daily volume of 27,852 shares, the days-to-cover ratio is currently 6.1 days.

Marimaca Copper Trading Up 2.6%

Marimaca Copper stock traded up $0.15 during midday trading on Wednesday, reaching $5.95. The company’s stock had a trading volume of 5,860 shares, compared to its average volume of 14,234. The stock’s 50-day simple moving average is $7.74 and its 200-day simple moving average is $7.84. Marimaca Copper has a 52-week low of $3.07 and a 52-week high of $9.87.

Marimaca Copper Company Profile

Marimaca Copper Inc is a mineral exploration and development company focused on advancing the Marimaca copper project in the Antofagasta region of northern Chile. The company’s primary objective is to bring its near‐surface, oxide copper deposit into production through a low‐cost, heap‐leach and solvent extraction‐electrowinning (SX‐EW) process. Marimaca Copper is listed on the OTC Markets under the ticker symbol MARIF.

The Marimaca deposit hosts a substantial oxide resource with demonstrated grade and scale, supported by detailed drilling and metallurgical test work.