Latin Metals (CVE:LMS) Trading Up 30% – Still a Buy?

Shares of Latin Metals Inc. (CVE:LMSGet Free Report) rose 30% during trading on Tuesday . The stock traded as high as C$0.21 and last traded at C$0.20. 352,017 shares changed hands during trading, an increase of 606% from the average daily volume of 49,861 shares. The stock had previously closed at C$0.15.

Latin Metals Stock Up 23.3%

The business’s fifty day simple moving average is C$0.12 and its two-hundred day simple moving average is C$0.10. The company has a market cap of C$15.07 million, a PE ratio of -9.25 and a beta of 1.42. The company has a debt-to-equity ratio of 13.67, a current ratio of 0.45 and a quick ratio of 2.04.

Latin Metals Company Profile

(Get Free Report)

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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