Marimaca Copper (OTCMKTS:MARIF) Trading Down 0.1% – Here’s Why

Shares of Marimaca Copper Corp. (OTCMKTS:MARIFGet Free Report) traded down 0.1% during trading on Wednesday . The stock traded as low as $6.54 and last traded at $6.54. 45,902 shares traded hands during mid-day trading, an increase of 153% from the average session volume of 18,124 shares. The stock had previously closed at $6.5480.

Marimaca Copper Stock Performance

The firm has a 50 day simple moving average of $6.86 and a 200-day simple moving average of $7.72.

About Marimaca Copper

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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.

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