Marimaca Copper Corp. (OTCMKTS:MARIF – Get Free Report)’s share price shot up 2.6% on Friday. The stock traded as high as $4.73 and last traded at $4.73. Approximately 4,383 shares were traded during mid-day trading, a decline of 83% from the average session volume of 25,533 shares. The stock had previously closed at $4.6088.
Marimaca Copper Price Performance
The business has a 50-day moving average price of $5.69 and a two-hundred day moving average price of $6.14.
Marimaca Copper Company Profile
Marimaca Copper Corp. is a Canadian copper exploration and development company focused on advancing copper projects in Chile. Its principal asset is the Marimaca Copper Project, an oxide copper deposit in the Antofagasta Region of northern Chile.
The project is being developed with the goal of producing copper cathode, using processing methods suited to oxide ores. The company’s activities include evaluating and advancing the project’s mineral resources, engineering, permitting and development plans.
Marimaca Copper became an independent company following its separation from Coro Mining in 2019.
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