Shares of Latin Metals Inc. (CVE:LMS – Get Free Report) fell 16% during mid-day trading on Friday . The company traded as low as C$0.19 and last traded at C$0.21. 421,400 shares were traded during trading, an increase of 445% from the average session volume of 77,336 shares. The stock had previously closed at C$0.25.
Latin Metals Stock Performance
The company has a debt-to-equity ratio of 13.67, a current ratio of 0.45 and a quick ratio of 2.04. The business has a 50-day simple moving average of C$0.22 and a 200-day simple moving average of C$0.19. The firm has a market capitalization of C$25.92 million, a PE ratio of -10.50 and a beta of 1.47.
About Latin Metals
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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