Chakana Copper (CVE:PERU) Reaches New 12-Month Low – Time to Sell?

Chakana Copper Corp. (CVE:PERU – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Tuesday. The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 3,256 shares trading hands. The stock had previously closed at C$0.07.

Chakana Copper Stock Down 7.7%

The company has a fifty day simple moving average of C$0.08 and a 200 day simple moving average of C$0.13. The firm has a market capitalization of C$3.10 million, a P/E ratio of -6.00 and a beta of 3.46.

About Chakana Copper

(Get Free Report)

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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