Altiplano Metals (CVE:APN) Reaches New 1-Year Low – Time to Sell?

Shares of Altiplano Metals Inc. (CVE:APN) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 58415 shares changing hands. The stock had previously closed at C$0.03.

Altiplano Metals Trading Down 16.7%

The company has a market capitalization of C$4.44 million, a P/E ratio of -1.25 and a beta of 2.88. The company has a fifty day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.04. The company has a debt-to-equity ratio of 67.12, a current ratio of 0.05 and a quick ratio of 0.36.

Altiplano Metals Company Profile

Altiplano Metals Inc, a junior resource company, focuses on evaluating and acquiring exploration projects in Chile. It explores for copper, silver, iron, and gold deposits. The company owns a 100% interest in the Farellon project and Maria Luisa project located near the town of La Serena, Republic of Chile. It also has an option to acquire a 100% undivided interest in the Pastillas gold exploration project located within the prolific Maricunga belt, the Atacama region of Chile, as well as holds interest in the San Pedro Gold project located in central Nicaragua.