Latin Metals (CVE:LMS) Stock Price Down 8.3% – Here’s Why

Latin Metals Inc. (CVE:LMSGet Free Report)’s stock price traded down 8.3% during trading on Monday . The stock traded as low as C$0.22 and last traded at C$0.22. 136,000 shares were traded during mid-day trading, an increase of 69% from the average daily volume of 80,535 shares. The stock had previously closed at C$0.24.

Latin Metals Price Performance

The company has a market capitalization of C$30.51 million, a P/E ratio of -22.00 and a beta of -0.05. The company’s 50-day moving average price is C$0.22 and its two-hundred day moving average price is C$0.23. The company has a debt-to-equity ratio of 13.67, a current ratio of 0.45 and a quick ratio of 2.04.

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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