Latin Metals Inc. (CVE:LMS – Get Free Report) dropped 16% during mid-day trading on Friday . The company traded as low as C$0.19 and last traded at C$0.21. Approximately 421,400 shares traded hands during mid-day trading, an increase of 445% from the average daily volume of 77,336 shares. The stock had previously closed at C$0.25.
Latin Metals Stock Performance
The stock has a market capitalization of C$25.92 million, a price-to-earnings ratio of -10.50 and a beta of 1.47. The company has a debt-to-equity ratio of 13.67, a quick ratio of 2.04 and a current ratio of 0.45. The business has a 50-day moving average of C$0.22 and a 200-day moving average of C$0.19.
About Latin Metals
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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