Latin Metals Inc. (CVE:LMS – Get Free Report) shares dropped 6.8% during mid-day trading on Thursday. The stock traded as low as C$0.20 and last traded at C$0.20. 119,500 shares were traded during trading, an increase of 53% from the average daily volume of 78,123 shares. The stock had previously closed at C$0.22.
Latin Metals Trading Down 6.8%
The company’s fifty day simple moving average is C$0.24 and its 200-day simple moving average is C$0.22. The firm has a market capitalization of C$31.07 million, a PE ratio of -20.50 and a beta of 0.23. The company has a debt-to-equity ratio of 13.67, a current ratio of 0.45 and a quick ratio of 2.04.
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.
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