Altiplano Metals (CVE:APN) Reaches New 12-Month Low – Here’s Why

Altiplano Metals Inc. (CVE:APN)’s stock price reached a new 52-week low on Tuesday . The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 8500 shares traded. The stock had previously closed at C$0.03.

Altiplano Metals Stock Performance

The company has a current ratio of 0.05, a quick ratio of 0.36 and a debt-to-equity ratio of 67.12. The firm has a market capitalization of C$4.44 million, a price-to-earnings ratio of -1.25 and a beta of 2.88. The stock’s 50 day moving average price is C$0.03 and its two-hundred day moving average price is C$0.04.

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.