Los Andes Copper (CVE:LA) Hits New 12-Month High – Should You Buy?

Los Andes Copper Ltd. (CVE:LAGet Free Report)’s share price reached a new 52-week high on Wednesday . The stock traded as high as C$9.27 and last traded at C$9.05, with a volume of 78678 shares changing hands. The stock had previously closed at C$9.08.

Los Andes Copper Stock Performance

The company has a market cap of C$268.88 million, a price-to-earnings ratio of 75.83 and a beta of 0.07. The firm has a 50-day simple moving average of C$8.54 and a 200 day simple moving average of C$7.33. The company has a quick ratio of 1.15, a current ratio of 34.50 and a debt-to-equity ratio of 16.87.

About Los Andes Copper

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Los Andes Copper Ltd. acquires, explores, and develops copper deposits in Latin America. It operates through Mineral Exploration and Hydroelectric Project segments. The company holds a 100% interest in the Vizcachitas copper, molybdenum, and silver porphyry project located north of Santiago, Region V, Chile.

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