Business
Here’s why the Copper Mountain (ASX:C6C) share price closed 7% higher today
The Copper Mountain Mining Corporation CDI (ASX: C6C) closed 7.3% higher today finishing off the session at $2.50. While there was no news today, the Copper Mountain Q4 2020 financial results were released yesterday.
Let’s take a peek and see if anything in there might have helped to move the Copper Mountain share price today.
Copper Mountain share price jumps after record results
In yesterdays release, the company reported record quarterly production in Q4 2020. During Q4 2020, Cooper Mountain produced 29.1 million pounds of copper equivalent. This was comprised of 23.1 million pounds of copper, 8,959 ounces of gold, and 144,934 ounces of silver.
Additionally, full-year 2020 production exceeded guidance. During this period,…
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