Cascadero Copper (CVE:CCD) Trading Down 20% – Here’s Why

Cascadero Copper Co. (CVE:CCDGet Free Report) shares were down 20% during mid-day trading on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02. 130,650 shares were traded during trading, a decline of 21% from the average session volume of 165,136 shares. The stock had previously closed at C$0.03.

Cascadero Copper Stock Down 20.0%

The firm has a market capitalization of C$6.00 million, a price-to-earnings ratio of -20.00 and a beta of -6.79. The business has a 50 day moving average of C$0.01 and a 200 day moving average of C$0.01. The company has a debt-to-equity ratio of 21.60, a current ratio of 0.54 and a quick ratio of 3.44.

Cascadero Copper Company Profile

(Get Free Report)

Cascadero Copper Corporation, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties primarily in Argentina. The company explores for cesium, silver, zinc, lead, gold, uranium, copper, tellurium, tin, molybdenum, iron, and rubidium ores. It holds interests in 27 mineral properties located in the northern area of the Argentine Puna. Cascadero Copper Corporation was incorporated in 2003 and is headquartered in North Vancouver, Canada.

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