Los Andes Copper (CVE:LA) Trading 4.5% Higher - Still a Buy?

Key Points

• Los Andes Copper Ltd. (CVE:LA) shares rose by 4.5% during trading, reaching a price of C$7.25, indicative of increased investor interest.
• The company has strong liquidity metrics, including a current ratio of 34.50 and a debt-to-equity ratio of 16.87, suggesting financial stability.
• Los Andes Copper focuses on exploring and developing copper deposits in Latin America, particularly the Vizcachitas project in Chile.

Los Andes Copper Ltd. (CVE:LA - ) shares traded up 4.5% during mid-day trading on Tuesday . The stock traded as high as C$7.25 and last traded at C$7.25. 6,800 shares changed hands during trading, an increase of 4% from the average session volume of 6,564 shares. The stock had previously closed at C$6.94.

Los Andes Copper Trading Up 4.5%

The company has a current ratio of 34.50, a quick ratio of 1.15 and a debt-to-equity ratio of 16.87. The stock has a 50 day simple moving average of C$6.14 and a 200-day simple moving average of C$6.26. The firm has a market cap of C$213.82 million, a P/E ratio of 39.76 and a beta of 0.80.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.