Latin Metals (CVE:LMS) Shares Up 33.3% – Time to Buy?

Latin Metals Inc. (CVE:LMSGet Free Report) shares traded up 33.3% during mid-day trading on Wednesday . The stock traded as high as C$0.21 and last traded at C$0.20. 736,442 shares traded hands during trading, an increase of 1,247% from the average session volume of 54,688 shares. The stock had previously closed at C$0.15.

Latin Metals Trading Up 2.6%

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 firm has a 50-day moving average of C$0.13 and a 200-day moving average of C$0.10. The firm has a market capitalization of C$15.89 million, a P/E ratio of -9.75 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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