Minco Silver (TSE:MSV) Trading Down 16.9% – Should You Sell?

Minco Silver Co. (TSE:MSVGet Free Report)’s stock price was down 16.9% on Tuesday . The company traded as low as C$0.54 and last traded at C$0.54. Approximately 128,122 shares traded hands during trading, an increase of 129% from the average daily volume of 55,856 shares. The stock had previously closed at C$0.65.

Minco Silver Trading Down 18.5%

The firm has a market cap of C$32.66 million, a price-to-earnings ratio of 10.60 and a beta of -0.99. The company has a debt-to-equity ratio of 1.92, a current ratio of 66.16 and a quick ratio of 10.51. The firm’s fifty day moving average is C$0.77 and its 200-day moving average is C$0.58.

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

About Minco Silver

(Get Free Report)

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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