Shares of Latin Metals Inc. (CVE:LMS – Get Free Report) dropped 8.3% during mid-day trading on Monday . The stock traded as low as C$0.22 and last traded at C$0.22. 136,000 shares changed hands during mid-day trading, an increase of 69% from the average daily volume of 80,535 shares. The stock had previously closed at C$0.24.
Latin Metals Stock Down 2.3%
The stock has a 50-day moving average of C$0.22 and a 200-day moving average of C$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. The firm has a market cap of C$29.82 million, a price-to-earnings ratio of -21.50 and a beta of -0.05.
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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