Altiplano Metals (CVE:APN) Sets New 52-Week Low – Here’s Why

Altiplano Metals Inc. (CVE:APNGet Free Report) hit a new 52-week low during trading on Monday . The company traded as low as C$0.04 and last traded at C$0.05, with a volume of 144714 shares changing hands. The stock had previously closed at C$0.04.

Altiplano Metals Trading Up 12.5%

The company’s fifty day moving average is C$0.05 and its two-hundred day moving average is C$0.05. The company has a debt-to-equity ratio of 67.12, a quick ratio of 0.36 and a current ratio of 0.05. The company has a market cap of C$5.86 million, a price-to-earnings ratio of -4.50 and a beta of 2.25.

About Altiplano Metals

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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.

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