Latin Metals (CVE:LMS) Stock Price Up 16.3% – Here’s Why

Latin Metals Inc. (CVE:LMS)’s share price traded up 16.3% on Thursday . The stock traded as high as C$0.29 and last traded at C$0.29. 316,294 shares traded hands during mid-day trading, an increase of 111% from the average session volume of 149,996 shares. The stock had previously closed at C$0.25.

Latin Metals Trading Up 16.3%

The company has a debt-to-equity ratio of 13.67, a quick ratio of 2.04 and a current ratio of 0.45. The business has a fifty day simple moving average of C$0.21 and a 200 day simple moving average of C$0.21. The company has a market cap of C$37.91 million, a P/E ratio of -14.25 and a beta of 1.28.

Latin Metals Company Profile

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.