Coppernico Metals Inc (OTCMKTS:CPPMF) Stock Short Interest Report for September

Coppernico Metals Inc (OTCMKTS:CPPMF) saw a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 103,142 shares, a drop of 71.3% from the September 15th total of 359,890 shares. Based on an average daily volume of 418,151 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are sold short.

Coppernico Metals Price Performance

OTCMKTS CPPMF opened at $0.29 on Monday. The company has a market capitalization of $61.18 million, a PE ratio of 3.17 and a beta of 2.01. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.87 and a current ratio of 1.22. The business’s fifty day moving average is $0.29 and its 200 day moving average is $0.27. Coppernico Metals has a fifty-two week low of $0.14 and a fifty-two week high of $0.50.

Coppernico Metals Company Profile

Coppernico Metals Inc is a mineral exploration company focused on the discovery and development of copper and gold deposits in the Americas. The company does not currently operate producing mines; its activities center on acquiring, evaluating and advancing prospective mineral properties.

Coppernico’s flagship asset is the Sombrero project in southern Peru. The project is an exploration-stage copper-gold district that hosts prospects with porphyry and skarn-style mineralization. The company’s exploration work is aimed at improving its understanding of the geology and identifying potential deposits through activities such as geological mapping, sampling, geophysical surveys and drilling.

Coppernico is led by Chief Executive Officer Ivan Bebek, a mining entrepreneur and company director with experience in mineral exploration and project development.