Latin Metals (CVE:LMS) Trading 12.2% Higher – What’s Next?

Latin Metals Inc. (CVE:LMSGet Free Report)’s share price was up 12.2% during mid-day trading on Thursday . The stock traded as high as C$0.23 and last traded at C$0.23. 118,426 shares traded hands during trading, an increase of 45% from the average session volume of 81,928 shares. The stock had previously closed at C$0.20.

Latin Metals Stock Up 14.6%

The business has a fifty day moving average of C$0.21 and a 200 day moving average of C$0.23. The stock has a market cap of C$32.59 million, a price-to-earnings ratio of -23.50 and a beta of -0.05. 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

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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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