Altiplano Metals (CVE:APN) Reaches New 1-Year Low – What’s Next?

Altiplano Metals Inc. (CVE:APN) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 22860 shares changing hands. The stock had previously closed at C$0.05.

Altiplano Metals Trading Down 11.1%

The stock has a market cap of C$7.10 million, a P/E ratio of -2.00 and a beta of 2.47. The company has a debt-to-equity ratio of 67.12, a quick ratio of 0.36 and a current ratio of 0.05. The company has a 50-day simple moving average of C$0.05 and a 200-day simple moving average of C$0.05.

About Altiplano Metals

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.