Los Andes Copper Ltd. (CVE:LA – Get Free Report)’s share price dropped 0.1% during trading on Thursday . The company traded as low as C$12.97 and last traded at C$13.00. 6,600 shares traded hands during trading, a decline of 46% from the average daily volume of 12,208 shares. The stock had previously closed at C$13.01.
Los Andes Copper Stock Down 0.4%
The firm has a 50 day simple moving average of C$12.89 and a two-hundred day simple moving average of C$13.52. The company has a debt-to-equity ratio of 23.08, a current ratio of 2.11 and a quick ratio of 1.15. The stock has a market cap of C$393.58 million, a price-to-earnings ratio of -38.09 and a beta of -0.05.
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.
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