Los Andes Copper (CVE:LA) Trading 3.1% Higher – Here’s Why

Los Andes Copper Ltd. (CVE:LA) shares traded up 3.1% on Thursday . The stock traded as high as C$16.50 and last traded at C$16.50. 1,140 shares changed hands during mid-day trading, a decline of 93% from the average session volume of 16,578 shares. The stock had previously closed at C$16.00.

Los Andes Copper Price Performance

The stock has a market cap of C$454.10 million, a PE ratio of -85.33 and a beta of 0.03. The company has a debt-to-equity ratio of 20.50, a current ratio of 2.81 and a quick ratio of 1.15. The firm’s 50 day moving average price is C$12.90 and its two-hundred day moving average price is C$11.70.

About Los Andes Copper

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.