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The latest update is out from Chakana Copper ( (TSE:PERU) ).
Chakana Copper Corp. has announced a share consolidation effective February 28, 2025, where every ten pre-consolidation shares will be consolidated into one post-consolidation share. This move reduces the total number of outstanding shares from 267,008,571 to approximately 26,700,857, with no changes to the company’s name or trading symbol. The consolidation aims to streamline the company’s share structure, potentially enhancing its market position and attractiveness to investors.
More about Chakana Copper
Chakana Copper Corp. operates in the mining industry, focusing on the exploration and development of copper resources. The company is engaged in identifying and advancing copper projects, primarily in Peru, to meet the growing demand for this essential industrial metal.
YTD Price Performance: -7.14%
Average Trading Volume: 219,119
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $3.74M
For a thorough assessment of PERU stock, go to TipRanks’ Stock Analysis page.