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

IMPACT Silver logo with Basic Materials background

Key Points

  • IMPACT Silver Corp. experienced a significant drop in stock price, falling 15.8% on Thursday, with shares last trading at C$0.32.
  • The company's trading volume surged to 3,878,245 shares, marking a 777% increase from its average session volume.
  • IMPACT Silver focuses on exploration and mineral processing activities in Mexico, primarily producing silver, lead, zinc, and gold.
  • MarketBeat previews the top five stocks to own by November 1st.

IMPACT Silver Corp. (CVE:IPT - Get Free Report)'s share price fell 15.8% during mid-day trading on Thursday . The stock traded as low as C$0.32 and last traded at C$0.32. 3,878,245 shares traded hands during mid-day 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$84.01 million, a P/E ratio of -15.25 and a beta of 1.44. The firm's fifty day moving average price is C$0.35 and its 200-day moving average price is C$0.26. The company has a quick ratio of 7.14, a current ratio of 2.09 and a debt-to-equity ratio of 0.48.

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.

Further Reading

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