Chakana Copper Corp. (OTCMKTS:CHKKF – Get Free Report) was the recipient of a significant decline in short interest in September. As of September 30th, there was short interest totaling 21,153 shares, a decline of 36.6% from the September 15th total of 33,353 shares. Based on an average trading volume of 69,212 shares, the days-to-cover ratio is currently 0.3 days.
Chakana Copper Stock Performance
Shares of CHKKF stock opened at $0.06 on Friday. Chakana Copper has a 12 month low of $0.03 and a 12 month high of $0.19. The firm has a fifty day simple moving average of $0.07 and a two-hundred day simple moving average of $0.09.
About Chakana Copper
Chakana Copper Corp. is a mineral exploration company focused on the discovery and advancement of copper, gold and silver deposits in Peru. Its principal asset is the Soledad project, an exploration property in the Ancash region of central Peru known for high-grade mineralization.
The Soledad project comprises multiple breccia pipe targets and is being evaluated through exploration activities such as geological mapping, geochemical sampling and drilling. Chakana’s work is intended to define the size, continuity and potential economic significance of the project’s copper-gold-silver mineralization.
The company is headquartered in Canada and has focused its exploration efforts in Peru since acquiring and advancing the Soledad project.
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