Altiplano Metals (CVE:APN) Shares Up 20% – Time to Buy?

Shares of Altiplano Metals Inc. (CVE:APNGet Free Report) shot up 20% during mid-day trading on Wednesday . The company traded as high as C$0.07 and last traded at C$0.06. 607,500 shares were traded during mid-day trading, an increase of 424% from the average session volume of 115,948 shares. The stock had previously closed at C$0.05.

Altiplano Metals Trading Up 20.0 %

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 stock has a 50-day simple moving average of C$0.05 and a 200 day simple moving average of C$0.07. The company has a market cap of C$7.82 million, a price-to-earnings ratio of -6.00 and a beta of 2.25.

About Altiplano Metals

(Get Free Report)

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.

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