Altiplano Metals (CVE:APN) Reaches New 52-Week Low – Here’s Why

Shares of Altiplano Metals Inc. (CVE:APN – Get Free Report) hit a new 52-week low during trading on Friday. The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 124000 shares. The stock had previously closed at C$0.01.

Altiplano Metals Trading Down 33.3%

The company has a current ratio of 0.05, a quick ratio of 0.36 and a debt-to-equity ratio of 67.12. The business’s 50-day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.02. The company has a market capitalization of C$1.78 million, a PE ratio of -0.50 and a beta of 2.78.

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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