Latin Metals (CVE:LMS) Stock Price Down 22.6% – Time to Sell?

Latin Metals Inc. (CVE:LMSGet Free Report) shares fell 22.6% during trading on Thursday . The stock traded as low as C$0.12 and last traded at C$0.12. 164,693 shares changed hands during trading, an increase of 363% from the average session volume of 35,543 shares. The stock had previously closed at C$0.16.

Latin Metals Trading Down 22.6 %

The company has a 50 day simple moving average of C$0.09 and a 200 day simple moving average of C$0.10. 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 stock has a market capitalization of C$9.78 million, a PE ratio of -6.00 and a beta of 1.42.

Latin Metals Company Profile

(Get Free Report)

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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