Latin Metals (CVE:LMS) Trading Up 15% – Time to Buy?

Latin Metals Inc. (CVE:LMSGet Free Report) shares rose 15% during trading on Thursday . The stock traded as high as C$0.23 and last traded at C$0.23. Approximately 137,030 shares changed hands during mid-day trading, an increase of 80% from the average daily volume of 75,977 shares. The stock had previously closed at C$0.20.

Latin Metals Price Performance

The company has a debt-to-equity ratio of 13.67, a current ratio of 0.45 and a quick ratio of 2.04. The firm has a market cap of C$24.69 million, a price-to-earnings ratio of -10.00 and a beta of 1.27. The stock’s fifty day moving average price is C$0.22 and its 200-day moving average price is C$0.21.

Latin Metals Company Profile

(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. Latin Metals Inc is headquartered in Vancouver, Canada.

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