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Los Andes Copper (CVE:LA) Shares Up 6.3% - Still a Buy?

Los Andes Copper logo with Basic Materials background

Shares of Los Andes Copper Ltd. (CVE:LA - Get Free Report) shot up 6.3% during mid-day trading on Monday . The stock traded as high as C$6.11 and last traded at C$6.06. 3,000 shares changed hands during trading, a decline of 51% from the average session volume of 6,131 shares. The stock had previously closed at C$5.70.

Los Andes Copper Stock Performance

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 firm has a market capitalization of C$175.48 million, a price-to-earnings ratio of 32.63 and a beta of 0.80. The company has a 50-day moving average of C$5.84 and a 200-day moving average of C$6.50.

About Los Andes Copper

(Get Free Report)

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.

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