Altiplano Metals (CVE:APN) Stock Price Up 30% – Still a Buy?

Altiplano Metals Inc. (CVE:APNGet Free Report) shares rose 30% on Wednesday . The stock traded as high as C$0.07 and last traded at C$0.07. Approximately 369,500 shares traded hands during mid-day trading, an increase of 284% from the average daily volume of 96,115 shares. The stock had previously closed at C$0.05.

Altiplano Metals Trading Up 20.0 %

The company has a fifty day simple moving average of C$0.05 and a two-hundred day simple moving average of C$0.07. The stock has a market capitalization of C$7.82 million, a P/E ratio of -6.00 and a beta of 2.25. The company has a quick ratio of 0.36, a current ratio of 0.05 and a debt-to-equity ratio of 67.12.

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.

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