Los Andes Copper (CVE:LA) Hits New 52-Week Low – Time to Sell?

Los Andes Copper Ltd. (CVE:LAGet Free Report) reached a new 52-week low during trading on Thursday . The company traded as low as C$7.61 and last traded at C$7.70, with a volume of 1400 shares trading hands. The stock had previously closed at C$7.64.

Los Andes Copper Stock Performance

The company’s 50 day moving average price is C$8.06 and its 200-day moving average price is C$8.94. The stock has a market cap of C$227.30 million, a P/E ratio of 36.38 and a beta of 0.80. The company has a debt-to-equity ratio of 18.14, a quick ratio of 1.15 and a current ratio of 33.13.

Los Andes Copper (CVE:LAGet Free Report) last posted its earnings results on Tuesday, August 27th. The company reported C$0.04 EPS for the quarter. Equities analysts forecast that Los Andes Copper Ltd. will post 0.02975 EPS for the current fiscal year.

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.

Further Reading

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