Chakana Copper (CVE:PERU) Shares Down 20% – Here’s Why

Chakana Copper Corp. (CVE:PERUGet Free Report) traded down 20% during mid-day trading on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02. 660,388 shares were traded during mid-day trading, an increase of 181% from the average session volume of 234,809 shares. The stock had previously closed at C$0.03.

Chakana Copper Stock Performance

The firm’s fifty day moving average is C$0.02 and its 200 day moving average is C$0.03. 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 has a debt-to-equity ratio of 1.11, a current ratio of 3.53 and a quick ratio of 7.18.

About Chakana Copper

(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.

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