Chakana Copper (CVE:PERU) Trading 25% Higher – Still a Buy?

Shares of Chakana Copper Corp. (CVE:PERUGet Free Report) shot up 25% during mid-day trading on Friday . The company traded as high as C$0.03 and last traded at C$0.03. 179,054 shares changed hands during mid-day trading, a decline of 37% from the average session volume of 282,937 shares. The stock had previously closed at C$0.02.

Chakana Copper Price Performance

The company has a current ratio of 3.53, a quick ratio of 7.18 and a debt-to-equity ratio of 1.11. The firm has a market capitalization of C$6.14 million, a price-to-earnings ratio of -2.30 and a beta of 2.10. The company’s 50 day moving average is C$0.02 and its 200-day moving average is C$0.04.

Chakana Copper Company Profile

(Get Free Report)

Chakana Copper Corp. engages in the acquisition, exploration, and development of mineral properties. It holds an option to acquire a 100% interest in the Soledad copper-gold-silver project located in Central Peru. The company is headquartered in Vancouver, Canada.

Recommended Stories

Receive News & Ratings for Chakana Copper Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chakana Copper and related companies with MarketBeat.com's FREE daily email newsletter.