Shares of Latin Metals Inc. (CVE:LMS – Get Free Report) shot up 15% during mid-day trading on Thursday . The stock traded as high as C$0.23 and last traded at C$0.23. 137,030 shares were traded during mid-day trading, an increase of 80% from the average session volume of 75,977 shares. The stock had previously closed at C$0.20.
Latin Metals Stock Up 15.0%
The stock has a 50-day moving average of C$0.22 and a 200-day moving average of C$0.21. The company has a debt-to-equity ratio of 13.67, a current ratio of 0.45 and a quick ratio of 2.04. The firm has a market cap of C$28.39 million, a price-to-earnings ratio of -11.50 and a beta of 1.27.
About Latin Metals
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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