Latin Metals (CVE:LMS) Shares Down 9.1% – Time to Sell?

Latin Metals Inc. (CVE:LMSGet Free Report) shares traded down 9.1% on Monday . The stock traded as low as C$0.24 and last traded at C$0.25. 105,700 shares changed hands during mid-day trading, an increase of 31% from the average session volume of 80,599 shares. The stock had previously closed at C$0.28.

Latin Metals Stock Performance

The stock has a market cap of C$34.67 million, a PE ratio of -25.00 and a beta of 0.01. 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 stock has a 50-day simple moving average of C$0.22 and a 200-day simple moving average of C$0.23.

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.

Further Reading

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