IMPACT Silver (CVE:IPT) Stock Price Down 15.8% - Time to Sell?

Key Points

• IMPACT Silver Corp. experienced a significant drop in share price, falling 15.8% to C$0.32, with trading volume surging to 3.88 million shares.
• The company has a market capitalization of C$88.14 million and operates in silver, lead, zinc, and gold production in Mexico.
• Key financial ratios include a debt-to-equity ratio of 0.48 and a P/E ratio of -16.00, indicating financial challenges.

IMPACT Silver Corp. (CVE:IPT - )'s share price fell 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 Trading Down 15.8%

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 stock's 50-day moving average is C$0.35 and its two-hundred day moving average is C$0.25. The company has a market cap of C$88.14 million, a P/E ratio of -16.00 and a beta of 1.51.

IMPACT Silver Company Profile

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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