Latin Metals (CVE:LMS) Stock Price Up 9.1% – Time to Buy?

Latin Metals Inc. (CVE:LMS)’s stock price rose 9.1% during trading on Friday . The stock traded as high as C$0.24 and last traded at C$0.24. Approximately 38,265 shares changed hands during trading, a decline of 70% from the average daily volume of 126,089 shares. The stock had previously closed at C$0.22.

Latin Metals Price Performance

The company has a market cap of C$33.23 million, a P/E ratio of -24.00 and a beta of 0.62. The company has a fifty day moving average price of C$0.25 and a two-hundred day moving average price of C$0.23. 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

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.