Latin Metals (CVE:LMS) Trading 20% Higher – Here’s Why

Latin Metals Inc. (CVE:LMSGet Free Report) shares shot up 20% during trading on Tuesday . The stock traded as high as C$0.11 and last traded at C$0.09. 129,000 shares traded hands during trading, an increase of 337% from the average session volume of 29,550 shares. The stock had previously closed at C$0.08.

Latin Metals Price 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 stock has a market cap of C$6.52 million, a price-to-earnings ratio of -4.50 and a beta of 1.42. The stock has a 50-day moving average price of C$0.08 and a two-hundred day moving average price of C$0.09.

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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