Chakana Copper (CVE:PERU) Shares Up 20% – Here’s Why

Chakana Copper Corp. (CVE:PERU)’s stock price was up 20% during mid-day trading on Friday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 460,300 shares traded hands during mid-day trading, an increase of 60% from the average daily volume of 287,811 shares. The stock had previously closed at C$0.03.

Chakana Copper Trading Up 20.0 %

The business has a 50 day moving average of C$0.03 and a 200 day moving average of C$0.05. The firm has a market capitalization of C$8.01 million, a price-to-earnings ratio of -2.50 and a beta of 2.10. The company has a debt-to-equity ratio of 1.11, a current ratio of 3.53 and a quick ratio of 7.18.

About Chakana Copper

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.