Los Andes Copper (CVE:LA) Trading Up 8.9% – Time to Buy?

Los Andes Copper Ltd. (CVE:LAGet Free Report) shot up 8.9% on Wednesday . The stock traded as high as C$8.55 and last traded at C$8.55. 4,300 shares traded hands during trading, an increase of 17% from the average session volume of 3,666 shares. The stock had previously closed at C$7.85.

Los Andes Copper Stock Up 8.9 %

The company has a market cap of C$252.40 million, a PE ratio of 40.71 and a beta of 0.80. The company has a fifty day moving average of C$7.61 and a two-hundred day moving average of C$8.38. The company has a debt-to-equity ratio of 18.14, a quick ratio of 1.15 and a current ratio of 33.13.

About Los Andes Copper

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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.

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