Latin Metals Inc. (CVE:LMS – Get Free Report)’s share price dropped 12% during trading on Friday . The company traded as low as C$0.22 and last traded at C$0.22. Approximately 248,050 shares changed hands during mid-day trading, an increase of 230% from the average daily volume of 75,159 shares. The stock had previously closed at C$0.25.
Latin Metals Stock Performance
The stock’s 50-day moving average price is C$0.22 and its 200-day moving average price is C$0.18. 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 company has a market capitalization of C$29.63 million, a P/E ratio of -12.00 and a beta of 1.47.
Latin Metals Company Profile
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.
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