Altiplano Metals (CVE:APN) Sets New 12-Month Low – Should You Sell?

Altiplano Metals Inc. (CVE:APN)’s share price reached a new 52-week low on Wednesday . The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 282000 shares traded. The stock had previously closed at C$0.04.

Altiplano Metals Stock Performance

The company has a quick ratio of 0.36, a current ratio of 0.05 and a debt-to-equity ratio of 67.12. The firm has a market cap of C$6.21 million, a P/E ratio of -1.75 and a beta of 2.47. The company’s 50 day simple moving average is C$0.05 and its 200-day simple moving average is C$0.05.

Altiplano Metals Company Profile

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.