IMPACT Silver (CVE:IPT) Stock Price Down 15.8% - Here's Why

Key Points

• IMPACT Silver Corp.'s stock price declined by 15.8% on Wednesday, trading at C$0.32 after a previous close of C$0.38.
• Trading volume surged to approximately 3.4 million shares, representing a 686% increase from the average daily volume of 438,461 shares.
• The company, engaged in mineral exploration and processing in Mexico, has a market cap of C$88.14 million and a negative price-to-earnings ratio of -16.00.

IMPACT Silver Corp. (CVE:IPT - )'s stock price was down 15.8% on Wednesday . The company traded as low as C$0.32 and last traded at C$0.32. Approximately 3,447,435 shares were traded during trading, an increase of 686% from the average daily volume of 438,461 shares. The stock had previously closed at C$0.38.

IMPACT Silver Price Performance

The company's fifty day moving average is C$0.35 and its two-hundred day moving average is C$0.25. The stock has a market cap of C$88.14 million, a price-to-earnings ratio of -16.00 and a beta of 1.51. The company has a current ratio of 2.09, a quick ratio of 7.14 and a debt-to-equity ratio of 0.48.

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.

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