Chakana Copper (CVE:PERU) Stock Price Down 26.5% – What’s Next?

Chakana Copper Corp. (CVE:PERUGet Free Report)’s share price dropped 26.5% during mid-day trading on Wednesday . The stock traded as low as C$0.13 and last traded at C$0.13. Approximately 125,311 shares changed hands during trading, an increase of 634% from the average daily volume of 17,076 shares. The stock had previously closed at C$0.17.

Chakana Copper Stock Performance

The stock has a market capitalization of C$33.38 million, a P/E ratio of -2.64 and a beta of 2.10. The stock’s 50-day simple moving average is C$0.03 and its 200 day simple moving average is C$0.03. The company has a debt-to-equity ratio of 9.99, a current ratio of 1.17 and a quick ratio of 7.18.

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.

Featured Stories

Receive News & Ratings for Chakana Copper Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chakana Copper and related companies with MarketBeat.com's FREE daily email newsletter.