Latin Metals (CVE:LMS) Trading Down 9.1% – Here’s Why

Shares of Latin Metals Inc. (CVE:LMSGet Free Report) fell 9.1% during trading on Monday . The company traded as low as C$0.24 and last traded at C$0.25. Approximately 105,700 shares traded 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 Price Performance

The company’s fifty day moving average is C$0.22 and its two-hundred day moving average is C$0.23. The company has a debt-to-equity ratio of 13.67, a quick ratio of 2.04 and a current ratio of 0.45. The firm has a market cap of C$34.67 million, a price-to-earnings ratio of -25.00 and a beta of 0.01.

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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