Coppernico Metals Inc (OTCMKTS:CPPMF) Short Interest Down 52.9% in July

Coppernico Metals Inc (OTCMKTS:CPPMF – Get Free Report) saw a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 204,547 shares, a drop of 52.9% from the June 30th total of 434,355 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 259,458 shares, the days-to-cover ratio is currently 0.8 days.

Coppernico Metals Trading Down 1.2%

CPPMF opened at $0.20 on Wednesday. The firm has a 50 day simple moving average of $0.24 and a 200 day simple moving average of $0.28. Coppernico Metals has a fifty-two week low of $0.10 and a fifty-two week high of $0.50. The company has a market cap of $43.41 million, a price-to-earnings ratio of 2.25 and a beta of 2.01. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.22 and a quick ratio of 0.87.

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About Coppernico Metals

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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.

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