Los Andes Copper (CVE:LA) Reaches New 1-Year High – Still a Buy?

Los Andes Copper Ltd. (CVE:LAGet Free Report) shares hit a new 52-week high during trading on Thursday . The company traded as high as C$17.60 and last traded at C$17.60, with a volume of 45343 shares trading hands. The stock had previously closed at C$17.10.

Los Andes Copper Stock Performance

The company has a market cap of C$516.78 million, a price-to-earnings ratio of 145.75 and a beta of 0.02. The company has a debt-to-equity ratio of 16.87, a quick ratio of 1.15 and a current ratio of 34.50. The firm’s 50-day moving average price is C$11.18 and its 200 day moving average price is C$8.95.

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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