Chakana Copper (CVE:PERU) Shares Down 25% – What’s Next?

Chakana Copper Corp. (CVE:PERU)’s share price traded down 25% during mid-day trading on Saturday . The stock traded as low as C$0.02 and last traded at C$0.02. 338,415 shares changed hands during trading, an increase of 210% from the average session volume of 109,271 shares. The stock had previously closed at C$0.02.

Chakana Copper Stock Down 25.0 %

The company has a debt-to-equity ratio of 9.99, a current ratio of 1.17 and a quick ratio of 7.18. The firm has a 50 day simple moving average of C$0.02 and a 200-day simple moving average of C$0.03. The stock has a market capitalization of C$4.01 million, a price-to-earnings ratio of -0.32 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.