Los Andes Copper (CVE:LA) Stock Price Down 3.6% – Here’s What Happened

Los Andes Copper Ltd. (CVE:LAGet Free Report)’s stock price dropped 3.6% on Wednesday . The stock traded as low as C$8.05 and last traded at C$8.05. Approximately 1,100 shares were traded during mid-day trading, a decline of 70% from the average daily volume of 3,665 shares. The stock had previously closed at C$8.35.

Los Andes Copper Stock Performance

The stock has a 50-day moving average of C$8.36 and a 200-day moving average of C$9.34. The company has a debt-to-equity ratio of 18.14, a quick ratio of 1.15 and a current ratio of 33.13. The firm has a market cap of C$237.64 million, a price-to-earnings ratio of 38.33 and a beta of 0.80.

Los Andes Copper (CVE:LAGet Free Report) last released its quarterly earnings data on Tuesday, August 27th. The company reported C$0.04 EPS for the quarter. As a group, analysts anticipate that Los Andes Copper Ltd. will post 0.02975 EPS for the current fiscal year.

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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