Latin Metals (CVE:LMS) Shares Up 5% – Time to Buy?

Latin Metals Inc. (CVE:LMS)’s share price traded up 5% during trading on Thursday . The company traded as high as C$0.11 and last traded at C$0.11. 39,500 shares traded hands during mid-day trading, a decline of 22% from the average session volume of 50,819 shares. The stock had previously closed at C$0.10.

Latin Metals Stock Up 5.0 %

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 firm has a market capitalization of C$8.56 million, a price-to-earnings ratio of -5.25 and a beta of 1.42. The firm has a 50 day moving average price of C$0.08 and a two-hundred day moving average price of C$0.09.

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.