Los Andes Copper (CVE:LA) Trading Up 2.2% – Should You Buy?

Los Andes Copper Ltd. (CVE:LAGet Free Report)’s stock price traded up 2.2% on Thursday . The stock traded as high as C$13.40 and last traded at C$13.30. Approximately 2,212 shares were traded during mid-day trading, a decline of 79% from the average daily volume of 10,555 shares. The stock had previously closed at C$13.02.

Los Andes Copper Price Performance

The company has a debt-to-equity ratio of 13.24, a current ratio of 2.85 and a quick ratio of 1.15. The company’s 50-day simple moving average is C$12.90 and its 200-day simple moving average is C$13.06. The stock has a market capitalization of C$404.31 million, a P/E ratio of -53.20 and a beta of -0.27.

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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