Short Interest in Nevada Copper Corp. (OTCMKTS:NEVDF) Drops By 18.7%

Nevada Copper Corp. (OTCMKTS:NEVDF) saw a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 288,600 shares, a drop of 18.7% from the March 31st total of 354,900 shares. Based on an average daily volume of 1,105,900 shares, the short-interest ratio is currently 0.3 days.

Nevada Copper Price Performance

Nevada Copper stock traded up $0.00 during midday trading on Tuesday, reaching $0.08. The stock had a trading volume of 178,532 shares, compared to its average volume of 312,504. The stock’s 50-day simple moving average is $0.06 and its 200 day simple moving average is $0.09. Nevada Copper has a twelve month low of $0.04 and a twelve month high of $0.28.

Nevada Copper Company Profile

Nevada Copper Corp. engages in the exploration, development, and operation of mineral properties in Nevada. The company explores for copper, gold, silver and iron magnetite ores. It holds 100% interests in the Pumpkin Hollow Copper property that consist of approximately 28.8 square-mile land patented claims located in Yerington, Nevada.