Los Andes Copper (CVE:LA) Sets New 52-Week High – Here’s Why

Los Andes Copper Ltd. (CVE:LAGet Free Report) reached a new 52-week high during trading on Monday . The company traded as high as C$12.75 and last traded at C$12.25, with a volume of 25674 shares changing hands. The stock had previously closed at C$12.50.

Los Andes Copper Stock Performance

The stock has a market cap of C$357.52 million, a P/E ratio of 100.83 and a beta of 0.02. The stock has a fifty day simple moving average of C$9.21 and a 200-day simple moving average of C$8.04. The company has a quick ratio of 1.15, a current ratio of 34.50 and a debt-to-equity ratio of 16.87.

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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