Chakana Copper (CVE:PERU) Stock Price Down 20% – Should You Sell?

by · The Cerbat Gem

Chakana Copper Corp. (CVE:PERU – Get Free Report) shares dropped 20% during trading on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 660,388 shares changed hands during mid-day trading, an increase of 181% from the average daily volume of 234,809 shares. The stock had previously closed at C$0.03.

Chakana Copper Stock Performance

The stock’s 50 day moving average is C$0.02 and its two-hundred day moving average is C$0.03. The stock has a market capitalization of C$5.34 million, a price-to-earnings ratio of -2.00 and a beta of 2.10. The company has a current ratio of 3.53, a quick ratio of 7.18 and a debt-to-equity ratio of 1.11.

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.

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