IMPACT Silver (CVE:IPT) Stock Price Down 13.2% - Should You Sell?

Key Points

• IMPACT Silver Corp. shares fell by 13.2% on Wednesday, closing at C$0.33, with trading volume significantly higher than average.
• The company's financial indicators include a debt-to-equity ratio of 0.48 and a market cap of C$88.14 million, reflecting its relative financial stability.
• IMPACT Silver operates primarily in Mexico, focusing on the exploration and production of silver, lead, zinc, and gold deposits across significant mining areas.

Shares of IMPACT Silver Corp. (CVE:IPT - ) dropped 13.2% on Wednesday . The company traded as low as C$0.33 and last traded at C$0.33. Approximately 2,571,130 shares changed hands during mid-day trading, an increase of 492% from the average daily volume of 434,279 shares. The stock had previously closed at C$0.38.

IMPACT Silver Stock Down 15.8%

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 fifty day moving average price of C$0.35 and a two-hundred day moving average price of C$0.25. The company has a market cap of C$88.14 million, a P/E ratio of -16.00 and a beta of 1.51.

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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