Coppernico Metals (OTCMKTS:CPPMF) Trading 3.2% Higher – Time to Buy?

Shares of Coppernico Metals Inc (OTCMKTS:CPPMF) rose 3.2% during mid-day trading on Wednesday . The stock traded as high as $0.3845 and last traded at $0.3652. Approximately 282,674 shares were traded during mid-day trading, an increase of 21% from the average daily volume of 234,153 shares. The stock had previously closed at $0.3538.

Coppernico Metals Stock Performance

The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.87 and a current ratio of 1.22. The company has a market capitalization of $78.29 million, a price-to-earnings ratio of 4.06 and a beta of 2.01. The firm has a 50-day simple moving average of $0.27 and a two-hundred day simple moving average of $0.20.

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.