Coppernico Metals Inc (OTCMKTS:CPPMF) Short Interest Update

Coppernico Metals Inc (OTCMKTS:CPPMF) was the recipient of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 179,071 shares, a decrease of 32.8% from the August 15th total of 266,586 shares. Based on an average trading volume of 426,567 shares, the short-interest ratio is currently 0.4 days. Approximately 0.1% of the company’s stock are sold short.

Coppernico Metals Trading Up 0.8%

OTCMKTS:CPPMF opened at $0.29 on Friday. The company has a market cap of $61.85 million, a PE ratio of 3.21 and a beta of 2.01. The company has a current ratio of 1.22, a quick ratio of 0.87 and a debt-to-equity ratio of 0.36. The company has a 50 day simple moving average of $0.27 and a two-hundred day simple moving average of $0.27. Coppernico Metals has a 12 month low of $0.12 and a 12 month high of $0.50.

About Coppernico Metals

Coppernico Metals Inc is a mineral exploration company focused on the discovery and advancement of copper-gold deposits in the Americas. The company’s activities include geological mapping, geophysical surveys, drilling, resource evaluation and other exploration work intended to identify and define mineralized zones.

Coppernico’s principal asset is the Sombrero Project in southern Peru, a large-scale copper-gold exploration property in the Andahuaylas-Yauri belt. The project includes multiple exploration targets and is being evaluated for porphyry and skarn-style mineralization.