Altiplano Metals (CVE:APN) Sets New 12-Month Low – Should You Sell?

Altiplano Metals Inc. (CVE:APN)’s share price reached a new 52-week low on Tuesday . The company traded as low as C$0.01 and last traded at C$0.02, with a volume of 10000 shares trading hands. The stock had previously closed at C$0.03.

Altiplano Metals Stock Performance

The stock has a market capitalization of C$3.55 million, a P/E ratio of -1.00 and a beta of 2.90. The stock has a 50 day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.04. The company has a quick ratio of 0.36, a current ratio of 0.05 and a debt-to-equity ratio of 67.12.

About Altiplano Metals

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.