Los Andes Copper (CVE:LA) Hits New 52-Week High – Time to Buy?

Shares of Los Andes Copper Ltd. (CVE:LAGet Free Report) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$8.99 and last traded at C$8.93, with a volume of 8837 shares changing hands. The stock had previously closed at C$8.75.

Los Andes Copper Stock Performance

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 stock has a market capitalization of C$259.13 million, a P/E ratio of 73.08 and a beta of 0.00. The business has a 50-day moving average price of C$8.31 and a 200 day moving average price of C$7.10.

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.

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