Latin Metals (CVE:LMS) Stock Jumps 2.2% – Time to Buy?

Latin Metals Inc. (CVE:LMS – Get Free Report)’s stock price was up 2.2% during mid-day trading on Thursday. The company traded as high as C$0.23 and last traded at C$0.23. Approximately 96,020 shares traded hands during trading, an increase of 20% from the average daily volume of 80,127 shares. The stock had previously closed at C$0.23.

Latin Metals Stock Up 2.1%

The company has a current ratio of 0.45, a quick ratio of 2.04 and a debt-to-equity ratio of 13.67. The stock has a 50 day simple moving average of C$0.24 and a 200 day simple moving average of C$0.22. The firm has a market capitalization of C$36.38 million, a PE ratio of -24.00 and a beta of -0.25.

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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