Chakana Copper (CVE:PERU) Trading 25% Higher – Time to Buy?

Chakana Copper Corp. (CVE:PERUGet Free Report) shares were up 25% during trading on Friday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 123,005 shares were traded during mid-day trading, an increase of 10% from the average daily volume of 111,905 shares. The stock had previously closed at C$0.02.

Chakana Copper Stock Up 25.0 %

The firm has a 50-day moving average price of C$0.02 and a two-hundred day moving average price of C$0.03. The firm has a market cap of C$6.68 million, a price-to-earnings ratio of -2.50 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.

Chakana Copper Company Profile

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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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