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

Chakana Copper Corp. (CVE:PERU)’s stock price was down 20% during trading on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 637,000 shares were traded during trading, an increase of 318% from the average daily volume of 152,297 shares. The stock had previously closed at C$0.03.

Chakana Copper Price Performance

The company’s 50 day moving average is C$0.02 and its 200-day moving average is C$0.03. 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 stock has a market cap of C$5.34 million, a PE ratio of -2.00 and a beta of 2.10.

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.