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IMPACT Silver (CVE:IPT) Stock Price Down 13.2% - Time to Sell?

IMPACT Silver logo with Basic Materials background

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.
  • Five stocks to consider instead of IMPACT Silver.

IMPACT Silver Corp. (CVE:IPT - Get Free Report)'s stock price was down 13.2% during trading 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 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 Price Performance

The stock's 50-day moving average is C$0.35 and its 200 day moving average is C$0.26. 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 company has a market cap of C$92.27 million, a PE ratio of -16.75 and a beta of 1.44.

About IMPACT Silver

(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.

See Also

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