Chakana Copper (CVE:PERU) Shares Down 20% – Time to Sell?

Chakana Copper Corp. (CVE:PERUGet Free Report) fell 20% during mid-day trading on Monday . The stock traded as low as C$0.02 and last traded at C$0.02. 637,000 shares changed hands during mid-day trading, an increase of 318% from the average session volume of 152,297 shares. The stock had previously closed at C$0.03.

Chakana Copper Trading Down 20.0 %

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$5.34 million, a price-to-earnings ratio of -2.00 and a beta of 2.10. The business’s 50 day moving average price is C$0.02 and its 200-day moving average price is C$0.03.

Chakana Copper Company Profile

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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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