Chakana Copper (CVE:PERU) Trading 25% Higher – Time to Buy?

Chakana Copper Corp. (CVE:PERUGet Free Report)’s stock price rose 25% during trading on Friday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 139,054 shares were traded during trading, a decline of 51% from the average daily volume of 282,646 shares. The stock had previously closed at C$0.02.

Chakana Copper Price Performance

The company has a current ratio of 3.53, a quick ratio of 7.18 and a debt-to-equity ratio of 1.11. The company has a market capitalization of C$6.14 million, a PE ratio of -2.30 and a beta of 2.10. The stock’s 50-day moving average is C$0.02 and its two-hundred day moving average is C$0.04.

About Chakana Copper

(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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