Chakana Copper (CVE:PERU) Shares Down 25% – Time to Sell?

by · The Markets Daily

Chakana Copper Corp. (CVE:PERU – Get Free Report) shares dropped 25% during mid-day trading on Saturday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 338,415 shares changed hands during trading, an increase of 210% from the average daily volume of 109,271 shares. The stock had previously closed at C$0.02.

Chakana Copper Stock Down 25.0 %

The business’s 50-day moving average is C$0.02 and its two-hundred day moving average is C$0.03. The company has a debt-to-equity ratio of 9.99, a quick ratio of 7.18 and a current ratio of 1.17. The firm has a market capitalization of C$4.01 million, a price-to-earnings 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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