Latin Metals (CVE:LMS) Stock Price Down 16% – What’s Next?

Latin Metals Inc. (CVE:LMSGet Free Report) shares dropped 16% during trading on Friday . The company traded as low as C$0.19 and last traded at C$0.21. Approximately 421,400 shares changed hands during trading, an increase of 445% from the average daily volume of 77,336 shares. The stock had previously closed at C$0.25.

Latin Metals Price Performance

The company has a quick ratio of 2.04, a current ratio of 0.45 and a debt-to-equity ratio of 13.67. The company has a market capitalization of C$25.92 million, a PE ratio of -10.50 and a beta of 1.47. The stock has a 50-day moving average of C$0.22 and a 200 day moving average of C$0.19.

About Latin Metals

(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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