Altiplano Metals (CVE:APN) Hits New 1-Year Low – Should You Sell?

Altiplano Metals Inc. (CVE:APNGet Free Report) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 3100 shares. The stock had previously closed at C$0.03.

Altiplano Metals Stock Performance

The stock’s 50-day moving average is C$0.03 and its 200 day moving average is C$0.04. The stock has a market cap of C$4.44 million, a price-to-earnings ratio of -1.25 and a beta of 2.88. The company has a debt-to-equity ratio of 67.12, a current ratio of 0.05 and a quick ratio of 0.36.

Altiplano Metals Company Profile

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Altiplano Metals Inc, a junior resource company, focuses on evaluating and acquiring exploration projects in Chile. It explores for copper, silver, iron, and gold deposits. The company owns a 100% interest in the Farellon project and Maria Luisa project located near the town of La Serena, Republic of Chile. It also has an option to acquire a 100% undivided interest in the Pastillas gold exploration project located within the prolific Maricunga belt, the Atacama region of Chile, as well as holds interest in the San Pedro Gold project located in central Nicaragua.

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