Los Andes Copper (CVE:LA) Trading 4.8% Higher – What’s Next?

Los Andes Copper Ltd. (CVE:LA) rose 4.8% during mid-day trading on Wednesday . The stock traded as high as C$12.83 and last traded at C$12.11. Approximately 5,382 shares were traded during trading, a decline of 75% from the average daily volume of 21,366 shares. The stock had previously closed at C$11.55.

Los Andes Copper Trading Up 4.8%

The company has a current ratio of 2.81, a quick ratio of 1.15 and a debt-to-equity ratio of 20.50. The business has a 50 day moving average price of C$14.65 and a 200-day moving average price of C$10.69. The firm has a market capitalization of C$358.02 million, a PE ratio of -67.28 and a beta of -0.31.

Los Andes Copper Company Profile

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.