Short Interest in Marimaca Copper Corp. (OTCMKTS:MARIF) Decreases By 71.3%

Marimaca Copper Corp. (OTCMKTS:MARIF) was the target of a large decline in short interest in the month of January. As of January 30th, there was short interest totaling 21,264 shares, a decline of 71.3% from the January 15th total of 73,976 shares. Based on an average trading volume of 21,922 shares, the short-interest ratio is presently 1.0 days. Based on an average trading volume of 21,922 shares, the short-interest ratio is presently 1.0 days.

Marimaca Copper Trading Down 1.4%

Shares of Marimaca Copper stock traded down $0.12 during trading on Wednesday, hitting $8.41. 8,432 shares of the company’s stock were exchanged, compared to its average volume of 7,909. The business has a 50-day simple moving average of $8.37 and a 200-day simple moving average of $7.91. Marimaca Copper has a 52-week low of $3.07 and a 52-week high of $9.87.

Marimaca Copper Company Profile

Marimaca Copper Inc is a mineral exploration and development company focused on advancing the Marimaca copper project in the Antofagasta region of northern Chile. The company’s primary objective is to bring its near‐surface, oxide copper deposit into production through a low‐cost, heap‐leach and solvent extraction‐electrowinning (SX‐EW) process. Marimaca Copper is listed on the OTC Markets under the ticker symbol MARIF.

The Marimaca deposit hosts a substantial oxide resource with demonstrated grade and scale, supported by detailed drilling and metallurgical test work.