Coppernico Metals Inc (OTCMKTS:CPPMF) Short Interest Down 15.6% in December

Coppernico Metals Inc (OTCMKTS:CPPMF) saw a significant decline in short interest during the month of December. As of December 31st, there was short interest totalling 56,700 shares, a decline of 15.6% from the December 15th total of 67,200 shares. Based on an average trading volume of 105,100 shares, the short-interest ratio is presently 0.5 days.

Coppernico Metals Price Performance

CPPMF stock traded down $0.02 on Friday, reaching $0.15. The company had a trading volume of 522,684 shares, compared to its average volume of 83,799. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.87 and a current ratio of 1.22. The company has a market cap of $32.11 million, a P/E ratio of 1.66 and a beta of 2.01. Coppernico Metals has a 1 year low of $0.00 and a 1 year high of $0.41. The company’s fifty day moving average is $0.18 and its 200 day moving average is $0.24.

About Coppernico Metals

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.