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

IMPACT Silver logo with Basic Materials background

Key Points

  • IMPACT Silver Corp. shares fell 15.8% on Wednesday, trading at C$0.32 after reaching a high of C$0.38.
  • Trading volume surged to approximately 3.88 million shares, representing a 777% increase from the average daily volume.
  • The company holds a market capitalization of C$88.14 million, with a P/E ratio of -16.00 and is involved in the exploration and development of mineral resources in Mexico.
  • MarketBeat previews top five stocks to own in November.

IMPACT Silver Corp. (CVE:IPT - Get Free Report)'s stock price dropped 15.8% on Wednesday . 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 Up 8.1%

The business has a 50-day moving average price of C$0.35 and a two-hundred day moving average price of C$0.26. The stock has a market capitalization of C$92.27 million, a P/E ratio of -16.75 and a beta of 1.44. The company has a current ratio of 2.09, a quick ratio of 7.14 and a debt-to-equity ratio of 0.48.

IMPACT Silver Company Profile

(Get Free Report)

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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