Latin Metals (CVE:LMS) Stock Price Down 16.7%

Latin Metals Inc. (CVE:LMSGet Rating)’s stock price was down 16.7% during mid-day trading on Thursday . The company traded as low as C$0.12 and last traded at C$0.13. Approximately 1,122,500 shares changed hands during trading, an increase of 490% from the average daily volume of 190,095 shares. The stock had previously closed at C$0.15.

Latin Metals Stock Performance

The company has a market cap of C$8.75 million and a PE ratio of -13.89. The company has a current ratio of 2.20, a quick ratio of 2.04 and a debt-to-equity ratio of 3.87. The business has a fifty day moving average of C$0.14 and a 200-day moving average of C$0.11.

About Latin Metals

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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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