Altiplano Metals (CVE:APN) Hits New 12-Month Low – Should You Sell?

Shares of Altiplano Metals Inc. (CVE:APN – Get Free Report) hit a new 52-week low on Friday. The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 179,250 shares trading hands. The stock had previously closed at C$0.01.

Altiplano Metals Stock Performance

The stock’s fifty day moving average is C$0.02 and its two-hundred day moving average is C$0.02. The firm has a market capitalization of C$1.78 million, a price-to-earnings ratio of -0.33 and a beta of 2.63. The company has a debt-to-equity ratio of 67.12, a quick ratio of 0.36 and a current ratio of 0.05.

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. It also has an option to acquire a 100% undivided interest in the Pastillas gold exploration project located within the prolific Maricunga belt, the Atacama region of Chile, as well as holds interest in the San Pedro Gold project located in central Nicaragua.

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