Chakana Copper (CVE:PERU) Trading 20% Higher – Still a Buy?

Chakana Copper Corp. (CVE:PERUGet Free Report) shot up 20% on Friday . The stock traded as high as C$0.03 and last traded at C$0.03. 460,300 shares changed hands during trading, an increase of 60% from the average session volume of 287,811 shares. The stock had previously closed at C$0.03.

Chakana Copper Stock Performance

The firm has a market capitalization of C$8.01 million, a PE ratio of -3.00 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. The business has a 50-day simple moving average of C$0.03 and a 200-day simple moving average of C$0.04.

Chakana Copper Company Profile

(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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