Free Trial

IMPACT Silver (CVE:IPT) Trading Down 15.8% - Should You Sell?

IMPACT Silver logo with Basic Materials background

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.
  • Five stocks we like better than IMPACT Silver.

Shares of IMPACT Silver Corp. (CVE:IPT - Get Free Report) were down 15.8% during trading on Wednesday . The stock traded as low as C$0.32 and last traded at C$0.32. Approximately 3,878,245 shares were traded during 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 Up 4.8%

The firm has a market cap of C$89.52 million, a price-to-earnings ratio of -16.25 and a beta of 1.44. 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 business has a fifty day simple moving average of C$0.35 and a 200 day simple moving average of C$0.26.

IMPACT Silver Company Profile

(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

Should You Invest $1,000 in IMPACT Silver Right Now?

Before you consider IMPACT Silver, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and IMPACT Silver wasn't on the list.

While IMPACT Silver currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Reduce the Risk Cover

Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.

Get This Free Report
Like this article? Share it with a colleague.