Chakana Copper (CVE:PERU) Stock Price Up 25% – Here’s What Happened

Shares of Chakana Copper Corp. (CVE:PERU) shot up 25% during mid-day trading on Saturday . The stock traded as high as C$0.03 and last traded at C$0.03. 123,005 shares traded hands during mid-day trading, an increase of 10% from the average session volume of 111,905 shares. The stock had previously closed at C$0.02.

Chakana Copper Stock Up 25.0 %

The firm’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 debt-to-equity ratio of 1.11, a quick ratio of 7.18 and a current ratio of 3.53. The stock has a market capitalization of C$6.68 million, a P/E ratio of -2.50 and a beta of 2.10.

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.