Latin Metals (CVE:LMS) Shares Up 23.3% – Time to Buy?

Latin Metals Inc. (CVE:LMSGet Free Report)’s stock price traded up 23.3% on Tuesday . The stock traded as high as C$0.21 and last traded at C$0.19. 601,017 shares changed hands during mid-day trading, an increase of 1,069% from the average session volume of 51,391 shares. The stock had previously closed at C$0.15.

Latin Metals Trading Up 30.0%

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 company has a market cap of C$15.89 million, a price-to-earnings ratio of -9.75 and a beta of 1.42. The company’s fifty day moving average is C$0.12 and its two-hundred day moving average is C$0.10.

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.

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