Latin Metals (CVE:LMS) Shares Down 4.7% – Should You Sell?

Shares of Latin Metals Inc. (CVE:LMS) were down 4.7% on Friday . The company traded as low as C$0.21 and last traded at C$0.21. Approximately 22,515 shares were traded during mid-day trading, a decline of 77% from the average daily volume of 98,795 shares. The stock had previously closed at C$0.22.

Latin Metals Stock Performance

The company has a debt-to-equity ratio of 13.67, a current ratio of 0.45 and a quick ratio of 2.04. The business has a 50-day simple moving average of C$0.24 and a 200 day simple moving average of C$0.23. The firm has a market cap of C$28.38 million, a PE ratio of -10.25 and a beta of 0.64.

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. Latin Metals Inc is headquartered in Vancouver, Canada.