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

IMPACT Silver logo with Basic Materials background

Key Points

  • IMPACT Silver Corp. shares fell by 15.8% during trading, closing at C$0.32 after reaching a low of the same price.
  • The stock experienced a trading volume increase of 777% compared to its average daily volume, with approximately 3.9 million shares traded.
  • IMPACT Silver has a market capitalization of C$88.14 million and a price-to-earnings ratio of -16.00, indicating a challenging financial position.
  • Five stocks to consider instead of IMPACT Silver.

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

IMPACT Silver Stock Performance

The company has a market capitalization of C$85.39 million, a PE ratio of -15.50 and a beta of 1.44. The business's fifty day moving average is C$0.35 and its two-hundred day moving average is C$0.25. 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

(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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