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

Chakana Copper Corp. (CVE:PERUGet Free Report) fell 20% during mid-day trading on Monday . The company traded as low as C$0.02 and last traded at C$0.02. 650,388 shares traded hands during trading, an increase of 189% from the average session volume of 224,809 shares. The stock had previously closed at C$0.03.

Chakana Copper Trading Up 15.0 %

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 quick ratio of 7.18 and a current ratio of 3.53. The company has a 50-day moving average price of C$0.02 and a 200-day moving average price of C$0.03.

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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