Arizona Sonoran Copper Company Inc. (OTCMKTS:ASCUF) Short Interest Down 71.8% in June

Arizona Sonoran Copper Company Inc. (OTCMKTS:ASCUF) saw a significant decline in short interest in June. As of June 15th, there was short interest totaling 484,450 shares, a decline of 71.8% from the May 31st total of 1,716,858 shares. Based on an average trading volume of 156,188 shares, the short-interest ratio is currently 3.1 days.

Arizona Sonoran Copper Price Performance

Arizona Sonoran Copper stock opened at $5.82 on Friday. Arizona Sonoran Copper has a 1-year low of $1.57 and a 1-year high of $7.72. The firm’s 50 day simple moving average is $6.25 and its 200 day simple moving average is $5.08.

About Arizona Sonoran Copper

Arizona Sonoran Copper Company Inc engages in the identification, acquisition, exploration, development, and production of base metal properties. It primarily explores for copper. The company’s principal asset is the 100% owned Cactus Mine Project located in Casa Grande, Arizona. The company was formerly known as Elim Mining Incorporated and changed its name to Arizona Sonoran Copper Company Inc in July 2021. Arizona Sonoran Copper Company Inc was incorporated in 2019 and is based in Toronto, Canada.