Los Andes Copper (CVE:LA) Trading Down 1.8% – Here’s Why

Shares of Los Andes Copper Ltd. (CVE:LAGet Free Report) dropped 1.8% on Tuesday . The stock traded as low as C$6.10 and last traded at C$6.15. Approximately 3,100 shares were traded during trading, a decline of 46% from the average daily volume of 5,722 shares. The stock had previously closed at C$6.26.

Los Andes Copper Trading Down 1.8 %

The company has a debt-to-equity ratio of 16.87, a quick ratio of 1.15 and a current ratio of 34.50. The firm has a 50-day moving average of C$7.24 and a 200-day moving average of C$7.76. The firm has a market capitalization of C$181.38 million, a P/E ratio of 33.73 and a beta of 0.80.

About Los Andes Copper

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Los Andes Copper Ltd. acquires, explores, and develops copper deposits in Latin America. It operates through Mineral Exploration and Hydroelectric Project segments. The company holds a 100% interest in the Vizcachitas copper, molybdenum, and silver porphyry project located north of Santiago, Region V, Chile.

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