Los Andes Copper (CVE:LA) Trading Up 6%

Shares of Los Andes Copper Ltd (CVE:LA) were up 6% on Wednesday . The company traded as high as C$0.45 and last traded at C$0.45, approximately 4,566 shares traded hands during mid-day trading. A decline of 97% from the average daily volume of 171,346 shares. The stock had previously closed at C$0.42.

Separately, Fundamental Research set a C$1.31 target price on Los Andes Copper and gave the stock a “buy” rating in a research note on Wednesday, August 28th.

The business has a 50-day moving average of C$0.44 and a two-hundred day moving average of C$0.32. The company has a market cap of $114.10 million and a P/E ratio of -55.63.

About Los Andes Copper (CVE:LA)

Los Andes Copper Ltd., together with its subsidiaries, engages in the acquisition, exploration, and development of copper deposits in Canada and Chile. It operates through Mineral Exploration and Hydroelectric Project segments. The company holds 100% interest in the Vizcachitas copper, molybdenum, and silver porphyry project located to the north of Santiago, Region V, Chile.

See Also: What is a put option?

Receive News & Ratings for Los Andes Copper Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Los Andes Copper and related companies with MarketBeat.com's FREE daily email newsletter.