Altiplano Metals (CVE:APN) Sets New 1-Year Low – Time to Sell?

Altiplano Metals Inc. (CVE:APN) shares reached a new 52-week low on Tuesday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 11000 shares traded. The stock had previously closed at C$0.02.

Altiplano Metals Trading Down 33.3%

The company has a debt-to-equity ratio of 67.12, a current ratio of 0.05 and a quick ratio of 0.36. The company has a market cap of C$1.78 million, a price-to-earnings ratio of -0.50 and a beta of 2.78. The business’s fifty day moving average price is C$0.02 and its 200 day moving average price is C$0.02.

About Altiplano Metals

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.