Latin Metals (CVE:LMS) Trading Down 4.7% – Time to Sell?

Latin Metals Inc. (CVE:LMSGet Free Report)’s share price dropped 4.7% on Wednesday . The company traded as low as C$0.19 and last traded at C$0.20. 62,480 shares were traded during trading, a decline of 23% from the average session volume of 81,640 shares. The stock had previously closed at C$0.21.

Latin Metals Price Performance

The stock has a market cap of C$28.43 million, a price-to-earnings ratio of -20.50 and a beta of -0.05. The company has a debt-to-equity ratio of 13.67, a quick ratio of 2.04 and a current ratio of 0.45. The business’s fifty day simple moving average is C$0.21 and its 200 day simple moving average is C$0.23.

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. Latin Metals Inc is headquartered in Vancouver, Canada.

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