IMPACT Silver (CVE:IPT) Trading Down 15.8% - Here's What Happened

Key Points

• IMPACT Silver Corp. shares fell 15.8% to C$0.32, significantly increasing trading volume to approximately 3.88 million shares, a 777% rise from the average.
• The company holds a market capitalization of C$88.14 million and has a negative price-to-earnings ratio of -16.00.
• IMPACT Silver specializes in mineral exploration and processing in Mexico, focusing on silver, lead, zinc, and gold deposits across its properties.

IMPACT Silver Corp. (CVE:IPT - Get Free Report)'s stock price was down 15.8% during mid-day trading on Thursday . The company traded as low as C$0.32 and last traded at C$0.32. Approximately 3,878,245 shares traded hands during trading, an increase of 777% from the average daily volume of 442,355 shares. The stock had previously closed at C$0.38.

IMPACT Silver Trading Down 9.0%

The company has a quick ratio of 7.14, a current ratio of 2.09 and a debt-to-equity ratio of 0.48. The business has a fifty day moving average price of C$0.35 and a 200-day moving average price of C$0.26. The company has a market cap of C$84.01 million, a P/E ratio of -15.25 and a beta of 1.44.

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.