Marimaca Copper Corp. (OTCMKTS:MARIF) Short Interest Update

Marimaca Copper Corp. (OTCMKTS:MARIF) saw a significant increase in short interest in February. As of February 27th, there was short interest totaling 731,495 shares, an increase of 790.7% from the February 12th total of 82,122 shares. Based on an average trading volume of 66,440 shares, the short-interest ratio is currently 11.0 days. Based on an average trading volume of 66,440 shares, the short-interest ratio is currently 11.0 days.

Marimaca Copper Stock Down 4.0%

OTCMKTS:MARIF traded down $0.28 during trading hours on Thursday, hitting $6.75. The stock had a trading volume of 2,900 shares, compared to its average volume of 14,018. The company has a 50 day simple moving average of $8.13 and a two-hundred day simple moving average of $7.91. Marimaca Copper has a one year low of $3.07 and a one year high of $9.87.

About Marimaca Copper

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.