Altiplano Metals (CVE:APN) Hits New 12-Month Low – Time to Sell?

Altiplano Metals Inc. (CVE:APN)’s share price 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 15000 shares. The stock had previously closed at C$0.02.

Altiplano Metals Price Performance

The stock has a market capitalization of C$2.66 million, a P/E ratio of -0.75 and a beta of 2.95. The company has a current ratio of 0.05, a quick ratio of 0.36 and a debt-to-equity ratio of 67.12. The stock has a 50 day moving average of C$0.02 and a 200-day moving average of C$0.04.

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.