Chakana Copper (CVE:PERU) Shares Up 25% – Should You Buy?

Chakana Copper Corp. (CVE:PERU)’s share price traded up 25% during mid-day trading on Friday . The stock traded as high as C$0.03 and last traded at C$0.03. 123,005 shares changed hands during trading, an increase of 10% from the average session volume of 111,905 shares. The stock had previously closed at C$0.02.

Chakana Copper Trading Up 25.0 %

The company has a debt-to-equity ratio of 1.11, a quick ratio of 7.18 and a current ratio of 3.53. The company has a market capitalization of C$6.68 million, a P/E ratio of -2.50 and a beta of 2.10. The company’s fifty day simple moving average is C$0.02 and its 200-day simple moving average is C$0.03.

Chakana Copper Company Profile

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.