Altiplano Metals (CVE:APN) Reaches New 1-Year Low – Here’s What Happened

Altiplano Metals Inc. (CVE:APN)’s share price hit a new 52-week low on Tuesday . The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 8500 shares traded. The stock had previously closed at C$0.03.

Altiplano Metals Stock Performance

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

About Altiplano Metals

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.