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

Key Points

• IMPACT Silver's stock price fell by 15.8% to C$0.32, with a significant trading volume of 3,878,245 shares, representing a 777% increase from its average volume.
• The company has a market capitalization of C$88.14 million and a negative price-to-earnings ratio of -16.00, indicating potential financial challenges.
• IMPACT Silver engages in mineral processing and exploration activities in Mexico, primarily focusing on silver, lead, zinc, and gold deposits.

IMPACT Silver Corp. (CVE:IPT - )'s stock price traded down 15.8% during trading on Wednesday . The stock traded as low as C$0.32 and last traded at C$0.32. 3,878,245 shares changed 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 Stock Down 15.8%

The stock has a market capitalization of C$88.14 million, a price-to-earnings ratio of -16.00 and a beta of 1.51. The firm has a 50-day moving average of C$0.35 and a 200 day moving average of 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.

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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