Minco Silver (TSE:MSV) Sets New 1-Year High – Here’s Why

Minco Silver Co. (TSE:MSVGet Free Report) shares reached a new 52-week high during trading on Monday . The stock traded as high as C$0.90 and last traded at C$0.91, with a volume of 5184 shares changing hands. The stock had previously closed at C$0.90.

Minco Silver Stock Up 2.2%

The company has a current ratio of 66.16, a quick ratio of 10.51 and a debt-to-equity ratio of 1.92. The stock has a 50-day simple moving average of C$0.66 and a 200-day simple moving average of C$0.54. The company has a market cap of C$56.70 million, a price-to-earnings ratio of 7.67 and a beta of -0.44.

Minco Silver (TSE:MSVGet Free Report) last released its quarterly earnings results on Wednesday, August 12th. The mining company reported C($0.02) earnings per share (EPS) for the quarter. As a group, analysts predict that Minco Silver Co. will post 0.04 EPS for the current year.

Minco Silver Company Profile

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Minco Silver Corp is a Canadian based silver mining company. It is engaged in exploring, evaluating, and developing precious metals mineral properties and projects. The company has interest in the Fuwan Silver Project and Changkeng Gold Project.

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