Los Andes Copper (CVE:LA) Stock Price Down 4.4% – Here’s What Happened

Los Andes Copper Ltd. (CVE:LA)’s share price dropped 4.4% during trading on Thursday . The stock traded as low as C$11.25 and last traded at C$11.25. Approximately 4,000 shares changed hands during trading, a decline of 78% from the average daily volume of 18,436 shares. The stock had previously closed at C$11.77.

Los Andes Copper Price Performance

The firm has a 50-day simple moving average of C$13.78 and a 200 day simple moving average of C$11.17. The firm has a market cap of C$332.60 million, a PE ratio of -62.50 and a beta of 0.03. The company has a debt-to-equity ratio of 20.50, a current ratio of 2.81 and a quick ratio of 1.15.

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.