Could Latin American Minerals Inc Change Direction After Today’s Huge Decline?


The stock of Latin American Minerals Inc (CVE:LAT) is a huge mover today! The stock decreased 7.04% or $0.025 on September 13, hitting $0.33. About 53,350 shares traded hands. Latin American Minerals Inc (CVE:LAT) has risen 6.00% since August 14, 2016 and is uptrending. It has underperformed by 10.49% the S&P500.
The move comes after 6 months negative chart setup for the $21.96 million company. It was reported on Sep, 13 by We have $0.29 PT which if reached, will make CVE:LAT worth $2.64M less.

Latin American Minerals Inc. is a mineral exploration company. The company has a market cap of $21.96 million. The Firm is engaged in the discovery, acquisition and development of potential mineral deposits in Latin America. It currently has negative earnings. The Company’s mineral exploration properties include Paso Yobai Gold Project, Paraguay; Repatriacion Gold Project, Paraguay, and Itapoty Diamond Project, Paraguay.

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