Los Andes Copper (CVE:LA) Trading Down 4.4% – Here’s What Happened

by · The Cerbat Gem

Los Andes Copper Ltd. (CVE:LAGet Free Report) fell 4.4% during trading on Thursday . The stock traded as low as C$11.25 and last traded at C$11.25. 4,000 shares were traded during mid-day trading, a decline of 78% from the average session volume of 18,436 shares. The stock had previously closed at C$11.77.

Los Andes Copper Trading Up 1.3%

The company has a current ratio of 2.81, a quick ratio of 1.15 and a debt-to-equity ratio of 20.50. The stock has a market cap of C$337.03 million, a P/E ratio of -63.33 and a beta of 0.03. The firm’s 50-day simple moving average is C$13.65 and its 200 day simple moving average is C$11.19.

Los Andes Copper Company Profile

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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. It is also involved in the development of a hydroelectric project. The company was incorporated in 1983 and is headquartered in Vancouver, Canada.

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