Starcore International Mines (TSE:SAM) Trading Up 7.9% – Should You Buy?

Shares of Starcore International Mines Ltd. (TSE:SAMGet Free Report) traded up 7.9% during mid-day trading on Thursday . The stock traded as high as C$0.48 and last traded at C$0.48. 104,743 shares were traded during trading, a decline of 8% from the average session volume of 113,847 shares. The stock had previously closed at C$0.45.

Starcore International Mines Stock Performance

The company has a current ratio of 2.69, a quick ratio of 3.79 and a debt-to-equity ratio of 1.53. The firm has a market capitalization of C$43.13 million, a price-to-earnings ratio of -13.89 and a beta of 0.07. The company has a 50-day moving average of C$0.45 and a 200-day moving average of C$0.35.

Starcore International Mines Company Profile

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Starcore International Mines Ltd is into the business of exploration, development, and production of minerals. It has got products in various stages The San Martin being the primary source of operating cash flows. In Mexico, the business holds an interest in the silver and gold processing plant. Some of its projects include San Martin, El Creston, and Toiyabe among others.

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