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

Key Points

• IMPACT Silver Corp. (CVE:IPT) shares dropped by 15.8% to C$0.32 amid increased trading volume of 3.87 million shares, up 777% from the average volume.
• The company's market cap stands at C$88.14 million, with a price-to-earnings ratio of -16.00 and a debt-to-equity ratio of 0.48.
• IMPACT Silver operates in Mexico, focusing on silver, lead, zinc, and gold production, and has interests in the Royal Mines of Zacualpan and the Capire Mineral District.

IMPACT Silver Corp. (CVE:IPT - Get Free Report) shares traded down 15.8% on Wednesday . The company traded as low as C$0.32 and last traded at C$0.32. 3,878,245 shares traded hands during trading, an increase of 777% from the average session volume of 442,355 shares. The stock had previously closed at C$0.38.

IMPACT Silver Price Performance

The stock has a market cap of C$88.14 million, a price-to-earnings ratio of -16.00 and a beta of 1.44. The stock's 50 day simple moving average is C$0.35 and its two-hundred day simple 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.

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.