Marimaca Copper (OTCMKTS:MARIF) Stock Price Up 1.6% – Here’s Why

Marimaca Copper Corp. (OTCMKTS:MARIFGet Free Report)’s share price traded up 1.6% during trading on Monday . The stock traded as high as $5.0850 and last traded at $5.08. Approximately 19,020 shares traded hands during mid-day trading, a decline of 21% from the average daily volume of 23,929 shares. The stock had previously closed at $5.00.

Marimaca Copper Price Performance

The firm’s fifty day moving average is $5.58 and its 200-day moving average is $6.67.

About Marimaca Copper

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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.

Further Reading

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