IMPACT Silver (CVE:IPT) Shares Up 5% - Time to Buy?

Key Points

• IMPACT Silver Corp. shares rose by 5% during mid-day trading, with approximately 1.5 million shares changing hands, representing a 159% increase in trading volume.
• The company operates primarily in Mexico, focusing on the exploration and production of silver, lead, zinc, and gold in areas covering around 211 square kilometers.
• IMPACT Silver has a market capitalization of C$101.36 million and reported a PE ratio of -31.50, indicating potential volatility.

IMPACT Silver Corp. (CVE:IPT - ) traded up 5% during mid-day trading on Thursday . The company traded as high as C$0.32 and last traded at C$0.32. 1,545,062 shares changed hands during trading, an increase of 159% from the average session volume of 596,210 shares. The stock had previously closed at C$0.30.

IMPACT Silver Stock Performance

The firm has a market capitalization of C$101.36 million, a PE ratio of -31.50 and a beta of 1.44. 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 stock has a 50-day moving average price of C$0.34 and a 200-day moving average price of C$0.27.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.