Copper Mountain Mining (TSE:CMMC) Trading Down 1.2% – Should You Sell?

Copper Mountain Mining Co. (TSE:CMMC)’s share price traded down 1.2% during mid-day trading on Monday . The company traded as low as C$2.44 and last traded at C$2.49. 1,603,544 shares traded hands during mid-day trading, an increase of 24% from the average session volume of 1,292,865 shares. The stock had previously closed at C$2.52.

Copper Mountain Mining Stock Down 1.2 %

The firm’s 50-day moving average is C$2.49. The company has a quick ratio of 0.38, a current ratio of 1.22 and a debt-to-equity ratio of 50.36. The stock has a market cap of C$533.81 million, a P/E ratio of -9.58, a P/E/G ratio of 0.28 and a beta of 2.77.

About Copper Mountain Mining

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.