Marimaca Copper Corp. (OTCMKTS:MARIF) Short Interest Down 71.3% in January

Marimaca Copper Corp. (OTCMKTS:MARIF) was the recipient of a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 21,264 shares, a drop of 71.3% from the January 15th total of 73,976 shares. Based on an average daily volume of 21,922 shares, the short-interest ratio is currently 1.0 days. Based on an average daily volume of 21,922 shares, the short-interest ratio is currently 1.0 days.

Marimaca Copper Price Performance

OTCMKTS:MARIF traded down $0.37 during trading hours on Thursday, hitting $8.18. 1,561 shares of the stock traded hands, compared to its average volume of 7,723. The firm has a 50 day moving average price of $8.38 and a 200 day moving average price of $7.92. Marimaca Copper has a fifty-two week low of $3.07 and a fifty-two week 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.