Chakana Copper (CVE:PERU) Shares Up 25% – Should You Buy?

Chakana Copper Corp. (CVE:PERUGet Free Report) rose 25% during trading on Friday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 179,054 shares traded hands during trading, a decline of 37% from the average daily volume of 282,937 shares. The stock had previously closed at C$0.02.

Chakana Copper Price Performance

The stock has a fifty day moving average of C$0.02 and a two-hundred day moving average of C$0.04. 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 capitalization of C$6.14 million, a price-to-earnings ratio of -2.30 and a beta of 2.10.

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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