Idaho Copper Corporation (NYSEAMERICAN:COPR) Sees Significant Growth in Short Interest

Idaho Copper Corporation (NYSEAMERICAN:COPR – Get Free Report) was the target of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 75,667 shares, a growth of 164.3% from the August 15th total of 28,633 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average daily volume of 96,234 shares, the days-to-cover ratio is currently 0.8 days.

Idaho Copper Stock Performance

Shares of COPR stock opened at $3.45 on Friday. Idaho Copper has a one year low of $2.05 and a one year high of $18.00.

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Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded Idaho Copper to a “hold” rating in a report on Thursday, July 23rd. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

Check Out Our Latest Report on Idaho Copper

About Idaho Copper

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Idaho Copper Corporation is a mineral exploration and development company focused on advancing copper and other strategic mineral projects in the United States. The company’s activities include acquiring, evaluating, exploring and developing mineral properties rather than operating a producing mine.

Its principal asset is the CuMo Project in Idaho, a large-scale exploration property associated with copper, molybdenum and silver mineralization. The project is located near Boise and has also been evaluated for additional critical and strategic minerals, including tungsten.

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