Chakana Copper (CVE:PERU) Stock Price Up 25% – Time to Buy?

Shares of Chakana Copper Corp. (CVE:PERUGet Free Report) traded up 25% on Friday . The stock traded as high as C$0.03 and last traded at C$0.03. 139,054 shares changed hands during mid-day trading, a decline of 51% from the average session volume of 282,646 shares. The stock had previously closed at C$0.02.

Chakana Copper Stock Up 25.0 %

The company has a market capitalization of C$6.68 million, a P/E ratio of -2.50 and a beta of 2.10. The stock has a 50-day moving average price of C$0.02 and a 200-day moving average price of C$0.04. The company has a debt-to-equity ratio of 1.11, a current ratio of 3.53 and a quick ratio of 7.18.

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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