Altiplano Metals (CVE:APN) Trading 33.3% Higher – Time to Buy?

Shares of Altiplano Metals Inc. (CVE:APN) rose 33.3% during mid-day trading on Friday . The stock traded as high as C$0.02 and last traded at C$0.02. Approximately 414,125 shares were traded during trading, an increase of 350% from the average session volume of 91,951 shares. The stock had previously closed at C$0.01.

Altiplano Metals Trading Up 33.3%

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 50-day moving average price of C$0.02 and a 200-day moving average price of C$0.03. The company has a market capitalization of C$3.55 million, a price-to-earnings ratio of -1.00 and a beta of 2.95.

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.