Altiplano Metals (CVE:APN) Sets New 52-Week High – Still a Buy?

Altiplano Metals Inc. (CVE:APN) hit a new 52-week high on Monday . The stock traded as high as C$0.07 and last traded at C$0.07, with a volume of 649460 shares changing hands. The stock had previously closed at C$0.06.

Altiplano Metals Price Performance

The firm has a 50 day moving average price of C$0.05 and a two-hundred day moving average price of C$0.05. The company has a market cap of C$10.16 million, a P/E ratio of -3.74 and a beta of 2.85. The company has a debt-to-equity ratio of 67.12, a quick ratio of 0.36 and a current ratio of 0.05.

Altiplano Metals Company Profile

Altiplano Metals Inc, a junior resource company, focuses on evaluating and acquiring exploration projects in Chile. It explores for copper, silver, iron, and gold deposits. The company owns a 100% interest in the Farellon project and Maria Luisa project located near the town of La Serena, Republic of Chile. It also has an option to acquire a 100% undivided interest in the Pastillas gold exploration project located within the prolific Maricunga belt, the Atacama region of Chile, as well as holds interest in the San Pedro Gold project located in central Nicaragua.