Minco Silver (TSE:MSV) Reaches New 52-Week High – Here’s Why

Minco Silver Co. (TSE:MSVGet Free Report)’s stock price reached a new 52-week high on Thursday . The company traded as high as C$0.90 and last traded at C$0.89, with a volume of 30904 shares changing hands. The stock had previously closed at C$0.88.

Minco Silver Stock Down 1.1%

The company has a market capitalization of C$53.61 million, a price-to-earnings ratio of 7.25 and a beta of -0.53. The company has a quick ratio of 10.51, a current ratio of 61.57 and a debt-to-equity ratio of 1.96. The firm has a 50 day moving average price of C$0.53 and a two-hundred day moving average price of C$0.51.

Minco Silver (TSE:MSVGet Free Report) last released its quarterly earnings results on Friday, May 15th. The mining company reported C($0.01) EPS for the quarter. As a group, sell-side analysts expect 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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