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

Chakana Copper Corp. (CVE:PERUGet Free Report)’s stock price dropped 25% during trading on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 281,500 shares traded hands during mid-day trading, an increase of 151% from the average daily volume of 112,165 shares. The stock had previously closed at C$0.02.

Chakana Copper Stock Performance

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 company has a market cap of C$4.01 million, a P/E ratio of -1.50 and a beta of 2.10. The stock’s fifty day moving average price is C$0.02 and its two-hundred day moving average price is C$0.03.

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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