Altiplano Metals (CVE:APN) Hits New 52-Week Low – Here’s Why

Shares of Altiplano Metals Inc. (CVE:APN) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.04 and last traded at C$0.05, with a volume of 51848 shares trading hands. The stock had previously closed at C$0.04.

Altiplano Metals Price Performance

The stock has a market capitalization of C$7.04 million, a P/E ratio of -2.59 and a beta of 2.64. The company’s 50 day simple moving average is C$0.05 and its two-hundred day simple moving average is C$0.05. The company has a debt-to-equity ratio of 67.12, a current ratio of 0.05 and a quick ratio of 0.36.

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.