Latin Metals (CVE:LMS) Shares Up 2.2% – Still a Buy?

Latin Metals Inc. (CVE:LMS – Get Free Report) shares were up 2.2% during trading on Thursday. The stock traded as high as C$0.23 and last traded at C$0.23. 96,020 shares changed hands during trading, an increase of 20% from the average daily volume of 80,127 shares. The stock had previously closed at C$0.23.

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 stock has a 50 day simple moving average of C$0.24 and a two-hundred day simple moving average of C$0.22. The company has a market cap of C$35.62 million, a PE ratio of -23.50 and a beta of -0.25.

Latin Metals Company Profile

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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.

Further Reading

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