Chakana Copper (CVE:PERU) Reaches New 12-Month Low – What’s Next?

Chakana Copper Corp. (CVE:PERUGet Free Report) reached a new 52-week low during trading on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 174000 shares trading hands. The stock had previously closed at C$0.03.

Chakana Copper Stock Performance

The stock has a market cap of C$5.34 million, a price-to-earnings ratio of -2.00 and a beta of 2.10. The business has a 50-day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.05. The company has a debt-to-equity ratio of 1.11, a quick ratio of 7.18 and a current ratio of 3.53.

About Chakana Copper

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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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