Latin Metals (CVE:LMS) Trading 16.3% Higher – Should You Buy?

Latin Metals Inc. (CVE:LMSGet Free Report)’s stock price rose 16.3% during mid-day trading on Thursday . The company traded as high as C$0.29 and last traded at C$0.29. Approximately 316,294 shares traded hands during mid-day trading, an increase of 111% from the average daily volume of 149,996 shares. The stock had previously closed at C$0.25.

Latin Metals Stock Up 16.3%

The stock has a market capitalization of C$37.91 million, a P/E ratio of -14.25 and a beta of 1.28. The company has a current ratio of 0.45, a quick ratio of 2.04 and a debt-to-equity ratio of 13.67. The stock’s 50 day simple moving average is C$0.21 and its 200 day simple moving average is C$0.21.

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. Latin Metals Inc is headquartered in Vancouver, Canada.

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