Altiplano Metals (CVE:APN) Sets New 52-Week Low – What’s Next?

Altiplano Metals Inc. (CVE:APN) reached a new 52-week low during trading on Thursday . The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 3100 shares changing hands. The stock had previously closed at C$0.03.

Altiplano Metals Stock Performance

The company has a quick ratio of 0.36, a current ratio of 0.05 and a debt-to-equity ratio of 67.12. The stock’s fifty day moving average is C$0.03 and its two-hundred day moving average is C$0.04. The firm has a market capitalization of C$4.44 million, a price-to-earnings ratio of -1.25 and a beta of 2.88.

Altiplano Metals Company Profile

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.