Latin Metals (CVE:LMS) Trading Down 21.7% – Should You Sell?

Latin Metals Inc. (CVE:LMSGet Free Report)’s stock price fell 21.7% during trading on Thursday . The company traded as low as C$0.09 and last traded at C$0.09. 582,333 shares were traded during trading, an increase of 1,363% from the average session volume of 39,814 shares. The stock had previously closed at C$0.12.

Latin Metals Trading Down 21.7 %

The company has a debt-to-equity ratio of 13.67, a quick ratio of 2.04 and a current ratio of 0.45. The business has a fifty day simple moving average of C$0.09 and a 200 day simple moving average of C$0.10. The company has a market cap of C$7.33 million, a P/E ratio of -5.75 and a beta of 1.42.

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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