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

Shares of Chakana Copper Corp. (CVE:PERUGet Free Report) rose 20% on Friday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 460,300 shares changed 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 company has a quick ratio of 7.18, a current ratio of 3.53 and a debt-to-equity ratio of 1.11. The stock’s 50 day moving average is C$0.03 and its two-hundred day moving average is C$0.04. The company has a market capitalization of C$8.01 million, a PE ratio of -3.00 and a beta of 2.10.

Chakana Copper Company Profile

(Get Free Report)

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.

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