Latin Metals (CVE:LMS) Trading 5% Higher – Here’s What Happened

Latin Metals Inc. (CVE:LMSGet Free Report)’s share price traded up 5% during mid-day trading on Thursday . The company traded as high as C$0.11 and last traded at C$0.11. 39,500 shares traded hands during mid-day trading, a decline of 22% from the average session volume of 50,819 shares. The stock had previously closed at C$0.10.

Latin Metals Price Performance

The company has a fifty day simple moving average of C$0.09 and a two-hundred day simple moving average of C$0.09. The company has a market cap of C$8.56 million, a price-to-earnings ratio of -5.25 and a beta of 1.42. The company has a quick ratio of 2.04, a current ratio of 0.45 and a debt-to-equity ratio of 13.67.

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.

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