Chakana Copper (CVE:PERU) Stock Price Down 26.5% – What’s Next?

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

Chakana Copper Price Performance

The business has a 50 day moving average of C$0.03 and a 200 day moving average of C$0.03. The company has a debt-to-equity ratio of 9.99, a current ratio of 1.17 and a quick ratio of 7.18. The company has a market cap of C$25.37 million, a PE ratio of -2.00 and a beta of 2.10.

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.