Los Andes Copper (CVE:LA) Trading 2.2% Higher – Time to Buy?

Shares of Los Andes Copper Ltd. (CVE:LAGet Free Report) shot up 2.2% during trading on Thursday . The company traded as high as C$12.51 and last traded at C$12.50. 801 shares changed hands during trading, a decline of 94% from the average session volume of 13,012 shares. The stock had previously closed at C$12.23.

Los Andes Copper Stock Up 2.2%

The firm has a 50-day moving average price of C$13.57 and a two-hundred day moving average price of C$13.14. The company has a market capitalization of C$379.90 million, a P/E ratio of -36.76 and a beta of 0.07. The company has a quick ratio of 1.15, a current ratio of 2.11 and a debt-to-equity ratio of 23.08.

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. It is also involved in the development of a hydroelectric project. The company was incorporated in 1983 and is headquartered in Vancouver, Canada.

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