Latin Metals (CVE:LMS) Shares Down 7.7% – Should You Sell?

Latin Metals Inc. (CVE:LMSGet Free Report) dropped 7.7% during trading on Monday . The stock traded as low as C$0.12 and last traded at C$0.12. Approximately 16,000 shares were traded during trading, a decline of 64% from the average daily volume of 43,878 shares. The stock had previously closed at C$0.13.

Latin Metals Stock Performance

The firm’s 50 day moving average is C$0.12 and its 200 day moving average is C$0.10. The company has a debt-to-equity ratio of 13.67, a quick ratio of 2.04 and a current ratio of 0.45. The stock has a market cap of C$9.78 million, a P/E ratio of -6.00 and a beta of 1.42.

Latin Metals Company Profile

(Get Free Report)

Latin Metals Inc, an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties in South America. The company primarily explores for gold, copper, and lithium deposits. It has a portfolio of exploration properties in Argentina and Peru. The company was formerly known as Centenera Mining Corporation and changed its name to Latin Metals Inc in May 2019.

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