Latin Metals (CVE:LMS) Trading Down 9.1% – What’s Next?

Latin Metals Inc. (CVE:LMS) shares dropped 9.1% during trading on Monday . The stock traded as low as C$0.24 and last traded at C$0.25. 105,700 shares traded hands during mid-day trading, an increase of 31% from the average daily volume of 80,599 shares. The stock had previously closed at C$0.28.

Latin Metals Stock Performance

The company has a quick ratio of 2.04, a current ratio of 0.45 and a debt-to-equity ratio of 13.67. The company has a market capitalization of C$34.67 million, a PE ratio of -25.00 and a beta of 0.01. The company has a 50-day moving average price of C$0.22 and a two-hundred day moving average price of C$0.23.

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. Latin Metals Inc is headquartered in Vancouver, Canada.