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

Altiplano Metals Inc. (CVE:APNGet Free Report)’s stock price hit a new 52-week low during trading on Wednesday . The company traded as low as C$0.01 and last traded at C$0.02, with a volume of 25000 shares changing hands. The stock had previously closed at C$0.01.

Altiplano Metals Stock Up 33.3%

The business’s 50 day simple moving average is C$0.02 and its 200 day simple moving average is C$0.03. The company has a market capitalization of C$3.55 million, a PE ratio of -1.00 and a beta of 2.89. The company has a quick ratio of 0.36, a current ratio of 0.05 and a debt-to-equity ratio of 67.12.

About Altiplano Metals

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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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