APAGF shares have been slammed before due to political issues in that country.
So the latest decline is not a huge surprise. But it also comes in the same week that a South American analyst said the stock is underpriced by some 40 percent based on his evaluation of the company's assets, although he concedes the company faces a variety of challenges.
Potential investors should don their due diligence caps for this one.
Eagle & Beagle is a weekly look at the state's high-performing (eagle) and low-performing (beagle) stocks by Business Editor Don Mecoy.