Latin Metals Ltd. is publicly traded on multiple exchanges, providing investors with easy access to its stock. The company is listed on the TSX Venture Exchange (TSXV) under the symbol LMS, as well as on the OTCQB Venture Market in the United States under the symbol LMSQF. These listings allow Latin Metals to reach a broad investor base and attract capital from key global markets.
Since its establishment as a prospect generator in 2019, Latin Metals Inc. has strategically focused on gold, silver, and copper. These metals have proven to be resilient and lucrative, positioning the company for long-term growth.
Latin Metals’ commodity portfolio is structured as follows:
- 47% copper projects
- 16% copper-gold projects
- 26% gold-silver projects
This targeted approach has helped the company maintain stability amid fluctuating market conditions.
Gold – Breaking Records and Supporting Growth
Gold has recently crossed the $3,040 per ounce threshold, signaling a bullish trend. This price surge is expected to drive increased transactions and acquisitions across the mining sector.
A prime example is Velocity Minerals, another company associated with Latin Metals CEO Keith Henderson. Velocity recently secured a $59 million USD all-cash deal for its Bulgarian assets. Such strong pricing bodes well for Latin Metals’ gold projects, particularly its partnership with AngloGold Ashanti at the Organullo Project, where drilling is anticipated in 2025.
Silver – Poised for Significant Gains
Silver has mirrored gold’s performance, showing strong momentum with expectations of further price increases. Industry experts, including Eric Sprott, have speculated that silver could reach between $250 to $500 per ounce in the coming years.
Latin Metals is capitalizing on this potential with its Crepayo and La Flora projects. With drill permits expected soon, the company is actively seeking partners to advance exploration efforts.
Copper – A Long-Term Winner
When Latin Metals committed to copper in 2019, it was a calculated risk. At the time, copper prices were inconsistent, hovering around $3 per pound. Fast forward to 2024, and copper has seen sustained growth, now over $5 per pound due to increasing global demand for electrification.
Latin Metals’ Esperanza Project, a discovery featuring 400 meters of copper-gold mineralization, is a key focus. Partnering with Masivo Silver, the company aims to maximize the project’s value over the coming years.
Other Commodities – Why Latin Metals is Staying Selective
While gold, silver, and copper remain the core focus, Latin Metals is keeping an eye on other commodities:
- Iron Ore: Despite its essential role in construction and steel production, iron ore prices have struggled. Latin Metals is avoiding investment in this sector for now.
- Lithium: Once a hot investment, lithium prices have collapsed since 2022. Latin Metals is steering clear to avoid the volatility that has impacted many lithium-focused companies.
- Uranium: With prices stabilizing around $60 per pound, uranium presents an interesting opportunity. Latin Metals is exploring potential acquisitions but has not committed to any projects yet.
Drilling and Exploration Plans for 2025
By the end of 2025, Latin Metals anticipates drilling at multiple projects, including Organullo, Cerro Bayo, and Esperanza. The company currently has exploration commitments exceeding $80 million USD in the next few years, with no dilution to its shareholders.
A Bright Future for Latin Metals
Latin Metals has made strategic decisions that have positioned the company for long-term success. With 18 projects across gold, silver, and copper, the company is well-equipped to capitalize on market trends.
As 2025 approaches, investors should watch closely as Latin Metals advances its exploration efforts, secures new partnerships, and potentially expands into uranium.
To stay updated on Latin Metals’ progress, follow their YouTube channel and subscribe to their newsletter.
