Latin Metals (CVE:LMS) Trading Up 12.8% – Here’s Why

Latin Metals Inc. (CVE:LMS) rose 12.8% on Friday . The company traded as high as C$0.22 and last traded at C$0.22. Approximately 132,700 shares were traded during mid-day trading, an increase of 18% from the average daily volume of 112,434 shares. The stock had previously closed at C$0.20.

Latin Metals Stock Performance

The firm has a market capitalization of C$30.46 million, a P/E ratio of -22.00 and a beta of 0.62. The company has a 50-day moving average of C$0.25 and a 200-day moving average of C$0.23. The company has a current ratio of 0.45, a quick ratio of 2.04 and a debt-to-equity ratio of 13.67.

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.