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IMPACT Silver (CVE:IPT) Shares Down 13.2% - What's Next?

IMPACT Silver logo with Basic Materials background

Key Points

  • IMPACT Silver Corp.'s stock price decreased by 13.2% during trading on Wednesday, closing at C$0.33 after hitting a low of C$0.33.
  • The trading volume surged to 2,220,728 shares, reflecting a 416% increase compared to the average volume of 430,698 shares.
  • The company has a market capitalization of C$88.14 million and is involved in mining activities in Mexico, producing silver, lead, zinc, and gold.
  • MarketBeat previews top five stocks to own in October.

IMPACT Silver Corp. (CVE:IPT - Get Free Report) traded down 13.2% on Wednesday . The stock traded as low as C$0.33 and last traded at C$0.33. 2,220,728 shares traded hands during mid-day trading, an increase of 416% from the average session volume of 430,698 shares. The stock had previously closed at C$0.38.

IMPACT Silver Price Performance

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 capitalization of C$92.27 million, a price-to-earnings ratio of -16.75 and a beta of 1.44. The company has a fifty day simple moving average of C$0.35 and a two-hundred day simple moving average of C$0.26.

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.

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