Marimaca Copper Corp. (OTCMKTS:MARIF – Get Free Report) dropped 1.6% during mid-day trading on Friday . The company traded as low as $8.07 and last traded at $8.07. Approximately 2,459 shares traded hands during trading, a decline of 70% from the average daily volume of 8,330 shares. The stock had previously closed at $8.2040.
Marimaca Copper Price Performance
The stock has a 50 day moving average of $8.34 and a 200 day moving average of $7.88.
Marimaca Copper Company Profile
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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