IMPACT Silver (CVE:IPT) Shares Down 11.8% - Here's What Happened

Key Points

• IMPACT Silver Corp. (CVE:IPT) experienced a significant decline in its stock price, down 11.8% to C$0.34 on Wednesday, with trading volume increasing to approximately 1.68 million shares.
• The company has a market capitalization of C$90.90 million and operates with a negative P/E ratio of -16.50.
• IMPACT Silver focuses on mineral exploration and processing in Mexico, producing silver, lead, zinc, and gold across its 211 square kilometers of mining interests.

IMPACT Silver Corp. (CVE:IPT - )'s stock price was down 11.8% on Wednesday . The stock traded as low as C$0.33 and last traded at C$0.34. Approximately 1,682,918 shares traded hands during mid-day trading, an increase of 294% from the average daily volume of 426,763 shares. The stock had previously closed at C$0.38.

IMPACT Silver Stock Performance

The stock has a market capitalization of C$90.90 million, a P/E ratio of -16.50 and a beta of 1.51. The company's 50-day moving average is C$0.35 and its two-hundred day moving average is C$0.25. The company has a current ratio of 2.09, a quick ratio of 7.14 and a debt-to-equity ratio of 0.48.

About IMPACT Silver

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.

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