Chakana Copper (CVE:PERU) Shares Down 20% – What’s Next?

Chakana Copper Corp. (CVE:PERU) shares were down 20% during mid-day trading on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 660,388 shares traded hands during trading, an increase of 181% from the average daily volume of 234,809 shares. The stock had previously closed at C$0.03.

Chakana Copper Trading Up 15.0 %

The business’s 50-day moving average price is C$0.02 and its 200-day moving average price is C$0.03. The firm has a market capitalization of C$6.14 million, a PE ratio of -2.30 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.

About Chakana Copper

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.