Latin Metals (CVE:LMS) Shares Up 10.5% – Here’s Why

Latin Metals Inc. (CVE:LMSGet Free Report)’s share price traded up 10.5% during trading on Friday . The company traded as high as C$0.21 and last traded at C$0.21. 99,960 shares traded hands during trading, an increase of 35% from the average session volume of 74,194 shares. The stock had previously closed at C$0.19.

Latin Metals Stock Up 10.5%

The stock has a fifty day moving average of C$0.21 and a 200 day moving average of C$0.14. The firm has a market capitalization of C$17.11 million, a P/E ratio of -10.50 and a beta of 1.42. The company has a debt-to-equity ratio of 13.67, a current ratio of 0.45 and a quick ratio of 2.04.

Latin Metals Company Profile

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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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