Los Andes Copper (CVE:LA) Sets New 1-Year High – Time to Buy?

Shares of Los Andes Copper Ltd. (CVE:LAGet Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$15.28 and last traded at C$17.00, with a volume of 18787 shares traded. The stock had previously closed at C$14.00.

Los Andes Copper Stock Performance

The company has a market capitalization of C$503.78 million, a P/E ratio of 142.08 and a beta of 0.02. The business has a 50 day moving average of C$9.75 and a 200 day moving average of C$8.32. 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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