Latin Metals (CVE:LMS) Shares Up 33.3% – Here’s Why

Latin Metals Inc. (CVE:LMSGet Free Report) shares were up 33.3% during mid-day trading on Wednesday . The stock traded as high as C$0.21 and last traded at C$0.20. Approximately 736,442 shares changed hands during trading, an increase of 1,247% from the average daily volume of 54,688 shares. The stock had previously closed at C$0.15.

Latin Metals Stock Up 33.3%

The company has a current ratio of 0.45, a quick ratio of 2.04 and a debt-to-equity ratio of 13.67. The firm has a market cap of C$16.30 million, a P/E ratio of -10.00 and a beta of 1.42. The company’s 50 day simple moving average is C$0.12 and its 200-day simple moving average is C$0.10.

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.

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