Latin Metals (CVE:LMS) Shares Down 16% – Time to Sell?

by · The Markets Daily

Latin Metals Inc. (CVE:LMS – Get Free Report) traded down 16% during mid-day trading on Friday . The company traded as low as C$0.19 and last traded at C$0.21. 421,400 shares traded hands during mid-day trading, an increase of 445% from the average session volume of 77,336 shares. The stock had previously closed at C$0.25.

Latin Metals Stock Performance

The stock’s fifty day simple moving average is C$0.22 and its 200-day simple moving average is C$0.19. The firm has a market cap of C$25.92 million, a PE ratio of -10.50 and a beta of 1.47. The company has a debt-to-equity ratio of 13.67, a current ratio of 0.45 and a quick ratio of 2.04.

About Latin Metals

(Get Free Report)

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.

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