Silver Viper Minerals (CVE:VIPR) Trading Down 15.3% – Here’s Why

Silver Viper Minerals Corp. (CVE:VIPR)’s stock price traded down 15.3% during trading on Monday . The company traded as low as C$2.10 and last traded at C$2.11. 623,013 shares were traded during mid-day trading, an increase of 45% from the average session volume of 430,668 shares. The stock had previously closed at C$2.49.

Silver Viper Minerals Stock Down 15.3%

The firm has a market capitalization of C$145.25 million, a PE ratio of -11.11 and a beta of 3.21. The stock has a 50-day simple moving average of C$1.52 and a 200-day simple moving average of C$0.99.

About Silver Viper Minerals

Silver Viper Minerals Corp. engages in the acquisition and exploration of mineral properties in Mexico. The company primarily explores for gold and silver deposits. It owns interest in the La Virginia gold-silver project that comprises six mineral concessions covering an area of 35,600 hectares located in Sonora, Mexico. The company was incorporated in 2016 and is headquartered in Vancouver, Canada.