Coppernico Metals (OTCMKTS:CPPMF) Trading Up 6.2% – Here’s Why

Coppernico Metals Inc (OTCMKTS:CPPMFGet Free Report) was up 6.2% on Monday . The company traded as high as $0.15 and last traded at $0.14. Approximately 94,350 shares were traded during trading, an increase of 9% from the average daily volume of 86,527 shares. The stock had previously closed at $0.14.

Coppernico Metals Stock Up 6.2 %

The business has a 50 day moving average of $0.16 and a two-hundred day moving average of $0.23. The stock has a market capitalization of $30.87 million, a PE ratio of 1.60 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.

About Coppernico Metals

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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.

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