Idaho Copper Corporation (NYSEAMERICAN:COPR) Stock Short Interest Report for October

Idaho Copper Corporation (NYSEAMERICAN:COPR) was the recipient of a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 62,112 shares, a drop of 43.7% from the September 30th total of 110,349 shares. Based on an average trading volume of 112,632 shares, the short-interest ratio is presently 0.6 days. Currently, 0.3% of the company’s stock are sold short.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Idaho Copper to a “hold” rating in a report on Thursday, July 23rd. One analyst has rated the stock with a Hold rating. According to MarketBeat.com, Idaho Copper presently has a consensus rating of “Hold”.

Idaho Copper Price Performance

Shares of Idaho Copper stock opened at $1.70 on Tuesday. Idaho Copper has a 52 week low of $1.62 and a 52 week high of $18.00. The company has a debt-to-equity ratio of 0.03, a current ratio of 5.49 and a quick ratio of 5.49. The business has a 50 day moving average of $2.96.

Idaho Copper Company Profile

Idaho Copper Corporation (NYSE American: COPR) is a mineral exploration and development company focused on identifying and advancing copper and other critical-mineral projects.

The company’s principal asset is the CuMo project in Idaho, a polymetallic exploration property associated with copper, molybdenum, silver and tungsten. Its activities generally include mineral exploration, resource evaluation, permitting and assessing the potential development of its mineral properties.

Idaho Copper is focused on projects in the United States, particularly Idaho.