Latin Metals (CVE:LMS) Trading Down 8.3% – Here’s Why

Latin Metals Inc. (CVE:LMSGet Free Report) was down 8.3% on Monday . The company traded as low as C$0.22 and last traded at C$0.22. Approximately 136,000 shares were traded during trading, an increase of 69% from the average daily volume of 80,535 shares. The stock had previously closed at C$0.24.

Latin Metals Stock Down 8.3%

The stock has a market cap of C$30.51 million, a P/E ratio of -22.00 and a beta of -0.05. The firm has a 50 day simple moving average of C$0.22 and a 200-day simple moving average of C$0.23. The company has a quick ratio of 2.04, a current ratio of 0.45 and a debt-to-equity ratio of 13.67.

About Latin Metals

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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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