Coppernico Metals (OTCMKTS:CPPMF) Shares Down 1.6% - Here's Why

Key Points

• Shares down 1.6% — Coppernico Metals traded as low as $0.2780 and last at $0.2854 on Thursday, with 133,773 shares changing hands, a 34% decline from its average daily volume.
• Valuation and financial metrics — The company has a market capitalization of $61.18 million, a P/E of 3.17 and a beta of 2.01, with a current ratio of 1.22, quick ratio of 0.87, and debt-to-equity of 0.36.
• Operations — Copper Mountain Mining Corporation explores and develops copper, gold and silver and holds a 75% interest in the Copper Mountain mine near Princeton, British Columbia.

Coppernico Metals Inc (OTCMKTS:CPPMF - )'s stock price traded down 1.6% during trading on Thursday . The stock traded as low as $0.2780 and last traded at $0.2854. 133,773 shares traded hands during mid-day trading, a decline of 34% from the average session volume of 203,367 shares. The stock had previously closed at $0.29.

Coppernico Metals Stock Performance

The company has a market capitalization of $61.18 million, a price-to-earnings ratio of 3.17 and a beta of 2.01. The company has a current ratio of 1.22, a quick ratio of 0.87 and a debt-to-equity ratio of 0.36. The stock has a 50-day simple moving average of $0.31 and a 200-day simple moving average of $0.22.

Coppernico Metals Company Profile

Copper Mountain Mining Corporation engages in the mining, exploration, and development of mineral properties in Canada. It explores for copper, gold, and silver deposits. The company holds 75% interests in the Copper Mountain mine comprising 135 crown-granted mineral claims, 145 located mineral claims, 14 mining leases, 12 fee simple properties, and seven cell claims that covers an area of approximately 6,354 hectares located to the south of Princeton, British Columbia. Copper Mountain Mining Corporation was incorporated in 2006 and is headquartered in Vancouver, Canada.

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