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

Key Points

• IMPACT Silver Corp.'s stock experienced a significant drop of 11.8% on Wednesday, trading as low as C$0.33 before closing at C$0.34.
• During the trading session, the volume surged to 1,682,918 shares, which is a 294% increase compared to the average session volume.
• The company has a market capitalization of C$90.90 million and reported a P/E ratio of -16.50.

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

IMPACT Silver Stock Performance

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

IMPACT Silver Company Profile

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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