Coppernico Metals Inc (OTCMKTS:CPPMF) Short Interest Down 24.7% in September

Coppernico Metals Inc (OTCMKTS:CPPMF - Get Free Report) saw a large drop in short interest during the month of September. As of September 30th, there was short interest totalling 260,700 shares, a drop of 24.7% from the September 15th total of 346,300 shares. Based on an average daily trading volume, of 96,000 shares, the days-to-cover ratio is presently 2.7 days.

Coppernico Metals Trading Down 8.6 %

Shares of CPPMF stock traded down $0.03 during trading hours on Friday, hitting $0.32. 59,156 shares of the company's stock traded hands, compared to its average volume of 35,697. The stock has a market cap of $68.60 million, a PE ratio of 3.56 and a beta of 2.01. Coppernico Metals has a 12 month low of $0.00 and a 12 month high of $0.41. The stock's 50 day simple moving average is $0.28 and its 200 day simple moving average is $0.22. The company has a quick ratio of 0.87, a current ratio of 1.22 and a debt-to-equity ratio of 0.36.

Coppernico Metals Company Profile

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.