Latin Metals (CVE:LMS) Trading Down 22.6% – Should You Sell?

Latin Metals Inc. (CVE:LMSGet Free Report)’s share price dropped 22.6% during trading on Thursday . The stock traded as low as C$0.12 and last traded at C$0.12. Approximately 164,693 shares were traded during mid-day trading, an increase of 363% from the average daily volume of 35,543 shares. The stock had previously closed at C$0.16.

Latin Metals Stock Performance

The company has a current ratio of 0.45, a quick ratio of 2.04 and a debt-to-equity ratio of 13.67. The company has a 50-day simple moving average of C$0.09 and a 200 day simple moving average of C$0.10. The firm has a market cap of C$9.78 million, a PE ratio of -6.00 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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