Shares of Chakana Copper Corp. (CVE:PERU – Get Free Report) dropped 11.1% during mid-day trading on Friday . The company traded as low as C$0.04 and last traded at C$0.04. Approximately 571,502 shares traded hands during trading, an increase of 95% from the average daily volume of 293,542 shares. The stock had previously closed at C$0.05.
Chakana Copper Price Performance
The company has a debt-to-equity ratio of 1.16, a current ratio of 4.52 and a quick ratio of 7.18. The stock’s fifty day simple moving average is C$0.07 and its 200-day simple moving average is C$0.08. The company has a market capitalization of C$10.30 million, a P/E ratio of -4.50 and a beta of 2.37.
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.
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