IMPACT Silver (CVE:IPT) Trading Down 3.9% – What’s Next?

IMPACT Silver Corp. (CVE:IPTGet Free Report) dropped 3.9% during trading on Tuesday . The stock traded as low as C$0.29 and last traded at C$0.29. Approximately 263,951 shares traded hands during trading, a decline of 80% from the average daily volume of 1,309,747 shares. The stock had previously closed at C$0.30.

IMPACT Silver Stock Performance

The company has a debt-to-equity ratio of 0.21, a quick ratio of 7.14 and a current ratio of 4.50. The firm’s 50-day moving average price is C$0.31 and its two-hundred day moving average price is C$0.34. The stock has a market cap of C$101.23 million, a price-to-earnings ratio of -29.30 and a beta of 1.72.

About IMPACT Silver

(Get Free Report)

IMPACT Silver Corp. engages in the exploration, development, and mineral processing activities in Mexico. The company produces silver, lead, zinc, and gold deposits. It owns interest in the Royal Mines of Zacualpan and the Capire Mineral District together covering an area of approximately 211 square kilometers located in central Mexico. The company also owns the Plomosas zinc-lead-silver mine located in Chihuahua, Northern Mexico. In addition, it operates the Guadalupe, Veta Negra, San Ramon, Cuchara, and Alacran gold-silver mines.

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