Chakana Copper (CVE:PERU) Stock Price Down 20% – What’s Next?

Shares of Chakana Copper Corp. (CVE:PERU) traded down 20% on Monday . The company traded as low as C$0.02 and last traded at C$0.02. 660,388 shares traded hands during mid-day trading, an increase of 181% from the average session volume of 234,809 shares. The stock had previously closed at C$0.03.

Chakana Copper Stock Up 15.0 %

The company has a current ratio of 3.53, a quick ratio of 7.18 and a debt-to-equity ratio of 1.11. The firm has a 50 day moving average price of C$0.02 and a 200-day moving average price of C$0.03. The firm has a market cap of C$6.14 million, a price-to-earnings ratio of -2.30 and a beta of 2.10.

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.