Chakana Copper (CVE:PERU) Trading Down 26.5% – Here’s What Happened

Chakana Copper Corp. (CVE:PERUGet Free Report) shares were down 26.5% during mid-day trading on Tuesday . The stock traded as low as C$0.13 and last traded at C$0.13. Approximately 125,311 shares changed hands during trading, an increase of 634% from the average daily volume of 17,076 shares. The stock had previously closed at C$0.17.

Chakana Copper Trading Down 26.5 %

The company has a debt-to-equity ratio of 9.99, a current ratio of 1.17 and a quick ratio of 7.18. The business’s fifty day simple moving average is C$0.02 and its 200 day simple moving average is C$0.03. The stock has a market cap of C$33.38 million, a price-to-earnings ratio of -2.64 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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