Chakana Copper (CVE:PERU) Trading Down 26.5% – Here’s Why

Chakana Copper Corp. (CVE:PERU)’s stock price traded down 26.5% during mid-day trading on Wednesday . The stock traded as low as C$0.13 and last traded at C$0.13. 125,311 shares changed hands during mid-day trading, an increase of 634% from the average session volume of 17,076 shares. The stock had previously closed at C$0.17.

Chakana Copper Price Performance

The company has a current ratio of 1.17, a quick ratio of 7.18 and a debt-to-equity ratio of 9.99. The company has a market capitalization of C$33.38 million, a price-to-earnings ratio of -2.64 and a beta of 2.10. The company’s 50 day simple moving average is C$0.03 and its 200-day simple moving average is C$0.03.

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.