Chakana Copper (CVE:PERU) Trading Down 25% – Here’s What Happened

Chakana Copper Corp. (CVE:PERUGet Free Report)’s share price fell 25% during mid-day trading on Saturday . The company traded as low as C$0.02 and last traded at C$0.02. 338,415 shares were traded during mid-day trading, an increase of 210% from the average session volume of 109,271 shares. The stock had previously closed at C$0.02.

Chakana Copper Stock Performance

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 stock has a 50-day simple moving average of C$0.02 and a 200-day simple moving average of C$0.03. The stock has a market cap of C$4.01 million, a P/E ratio of -0.32 and a beta of 2.10.

Chakana Copper Company Profile

(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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