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

by · The Markets Daily

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

Latin Metals Price Performance

The firm has a market cap of C$25.92 million, a P/E ratio of -10.50 and a beta of 1.47. The stock’s 50 day simple moving average is C$0.22 and its 200 day simple moving average is C$0.19. The company has a debt-to-equity ratio of 13.67, a quick ratio of 2.04 and a current ratio of 0.45.

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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