Chakana Copper Corp. (CVE:PERU – Get Free Report)’s share price dropped 25% on Wednesday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 281,500 shares changed hands during mid-day trading, an increase of 167% from the average daily volume of 105,269 shares. The stock had previously closed at C$0.02.
Chakana Copper Stock Down 25.0 %
The firm’s 50-day moving average is C$0.02 and its two-hundred day 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 cap of C$4.01 million, a P/E ratio of -1.50 and a beta of 2.10.
About Chakana Copper
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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