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

Chakana Copper Corp. (CVE:PERU)’s share price dropped 25% during trading on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 281,500 shares changed hands during mid-day trading, an increase of 151% from the average daily volume of 112,165 shares. The stock had previously closed at C$0.02.

Chakana Copper Stock Down 25.0 %

The stock has a market capitalization of C$4.01 million, a price-to-earnings ratio of -1.50 and a beta of 2.10. The company has a quick ratio of 7.18, a current ratio of 3.53 and a debt-to-equity ratio of 1.11. The stock has a 50 day moving average price of C$0.02 and a 200 day moving average price of 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.