Chakana Copper (CVE:PERU) Hits New 52-Week Low – Time to Sell?

Chakana Copper Corp. (CVE:PERU) shares hit a new 52-week low on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 570000 shares trading hands. The stock had previously closed at C$0.02.

Chakana Copper Stock Performance

The company has a market cap of C$5.34 million, a P/E ratio of -2.00 and a beta of 2.10. The company has a quick ratio of 7.18, a current ratio of 3.53 and a debt-to-equity ratio of 1.11. The business has a fifty day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.04.

Chakana Copper Company Profile

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.