Los Andes Copper (CVE:LA) Hits New 1-Year High – Time to Buy?

by · The Cerbat Gem

Los Andes Copper Ltd. (CVE:LA – Get Free Report)’s stock price reached a new 52-week high during mid-day trading on Friday . The company traded as high as C$9.47 and last traded at C$9.20, with a volume of 14800 shares traded. The stock had previously closed at C$9.15.

Los Andes Copper Price Performance

The firm’s 50 day moving average price is C$8.70 and its two-hundred day moving average price is C$7.55. The company has a debt-to-equity ratio of 16.87, a current ratio of 34.50 and a quick ratio of 1.15. The stock has a market cap of C$270.36 million, a PE ratio of 76.25 and a beta of 0.07.

About Los Andes Copper

(Get Free Report)

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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