Chakana Copper Corp. (CVE:PERU – Get Free Report) dropped 25% during trading on Friday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 338,415 shares changed hands during mid-day trading, an increase of 227% from the average daily volume of 103,388 shares. The stock had previously closed at C$0.02.
Chakana Copper Price Performance
The stock’s 50-day simple moving average is C$0.02 and its 200 day simple moving average is C$0.03. The company has a quick ratio of 7.18, a current ratio of 1.17 and a debt-to-equity ratio of 9.99. The company has a market cap of C$4.01 million, a price-to-earnings ratio of -0.32 and a beta of 2.10.
About Chakana Copper
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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