Los Andes Copper (CVE:LA) Shares Down 1% – Here’s Why

Shares of Los Andes Copper Ltd. (CVE:LA – Get Free Report) traded down 1% during mid-day trading on Monday. The stock traded as low as C$12.38 and last traded at C$12.38. 5,173 shares traded hands during trading, a decline of 47% from the average session volume of 9,757 shares. The stock had previously closed at C$12.51.

Los Andes Copper Stock Down 1.0%

The company has a market cap of C$376.34 million, a P/E ratio of -49.52 and a beta of -0.18. The company has a quick ratio of 1.15, a current ratio of 2.85 and a debt-to-equity ratio of 13.24. The business’s 50 day moving average is C$12.85 and its 200 day moving average is C$12.97.

About Los Andes Copper

(Get Free Report)

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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