Chakana Copper Corp. (OTCMKTS:CHKKF – Get Free Report) saw a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 21,153 shares, a drop of 36.6% from the September 15th total of 33,353 shares. Based on an average trading volume of 69,212 shares, the short-interest ratio is currently 0.3 days.
Chakana Copper Stock Performance
Shares of OTCMKTS:CHKKF remained flat at $0.06 during midday trading on Friday. The stock has a 50-day moving average price of $0.07 and a 200-day moving average price of $0.09. Chakana Copper has a 1 year low of $0.03 and a 1 year high of $0.19.
Chakana Copper Company Profile
Chakana Copper Corp. is a mineral exploration company focused on the discovery and advancement of copper, gold and silver deposits in Peru. Its principal asset is the Soledad project, an exploration property in the Ancash region of central Peru known for high-grade mineralization.
The Soledad project comprises multiple breccia pipe targets and is being evaluated through exploration activities such as geological mapping, geochemical sampling and drilling. Chakana’s work is intended to define the size, continuity and potential economic significance of the project’s copper-gold-silver mineralization.
The company is headquartered in Canada and has focused its exploration efforts in Peru since acquiring and advancing the Soledad project.
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