Altiplano Metals (CVE:APN) Trading 20% Higher – What’s Next?

Altiplano Metals Inc. (CVE:APNGet Free Report)’s stock price rose 20% on Thursday . The company traded as high as C$0.07 and last traded at C$0.06. Approximately 607,500 shares traded hands during mid-day trading, an increase of 424% from the average daily volume of 115,948 shares. The stock had previously closed at C$0.05.

Altiplano Metals Stock Performance

The company has a market capitalization of C$7.82 million, a P/E ratio of -6.00 and a beta of 2.25. The company’s 50 day moving average is C$0.05 and its 200-day moving average is C$0.07. The company has a current ratio of 0.05, a quick ratio of 0.36 and a debt-to-equity ratio of 67.12.

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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