IMPACT Silver (CVE:IPT) Stock Price Down 4.1% - Here's What Happened

Key Points

• IMPACT Silver Corp. shares fell 4.1% to C$0.36, trading 30% below the average daily volume of shares.
• The company has a market cap of C$86.44 million and operates in the exploration and production of silver and other metals in Mexico.
• IMPACT Silver's financial ratios include a PE ratio of -7.26 and a debt-to-equity ratio of 0.48.

IMPACT Silver Corp. (CVE:IPT - Get Free Report)'s share price was down 4.1% on Monday . The stock traded as low as C$0.35 and last traded at C$0.36. Approximately 296,147 shares traded hands during trading, a decline of 30% from the average daily volume of 420,418 shares. The stock had previously closed at C$0.37.

IMPACT Silver Stock Up 0.9%

The firm has a 50 day simple moving average of C$0.29 and a two-hundred day simple moving average of C$0.23. The company has a debt-to-equity ratio of 0.48, a quick ratio of 7.14 and a current ratio of 2.09. The stock has a market cap of C$79.86 million, a P/E ratio of -6.70 and a beta of 1.93.

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.