Altiplano Metals (CVE:APN) Reaches New 52-Week Low – Here’s Why

by · The Markets Daily

Altiplano Metals Inc. (CVE:APN – Get Free Report)’s stock price reached a new 52-week low during trading on Thursday. The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 122,000 shares. The stock had previously closed at C$0.01.

Altiplano Metals Price Performance

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 firm’s 50 day simple moving average is C$0.01 and its two-hundred day simple moving average is C$0.02. The firm has a market cap of C$1.78 million, a price-to-earnings ratio of -0.33 and a beta of 2.63.

Altiplano Metals Company Profile

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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.

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