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

Chakana Copper Corp. (CVE:PERUGet Free Report) shares dropped 25% during trading on Wednesday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 229,003 shares changed hands during mid-day trading, a decline of 21% from the average daily volume of 291,401 shares. The stock had previously closed at C$0.04.

Chakana Copper Price Performance

The business has a fifty day moving average of C$0.03 and a 200 day moving average of C$0.04. The firm has a market cap of C$8.01 million, a P/E ratio of -3.00 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.

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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