Chakana Copper (CVE:PERU) Trading Down 28.6% – Here’s Why

Chakana Copper Corp. (CVE:PERUGet Free Report)’s stock price dropped 28.6% on Tuesday . The company traded as low as C$0.02 and last traded at C$0.03. Approximately 2,727,109 shares were traded during mid-day trading, an increase of 901% from the average daily volume of 272,427 shares. The stock had previously closed at C$0.04.

Chakana Copper Stock Down 28.6 %

The firm has a fifty day moving average price of C$0.04 and a 200 day moving average price of C$0.07. The company has a quick ratio of 7.18, a current ratio of 4.52 and a debt-to-equity ratio of 1.16. The company has a market cap of C$6.44 million, a P/E ratio of -3.50 and a beta of 2.11.

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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