IMPACT Silver (CVE:IPT) Stock Price Down 1.6% - Time to Sell?

Key Points

• IMPACT Silver Corp.'s stock price has decreased by 1.6%, trading at C$0.31 after reaching a low of C$0.30 during mid-day trading.
• The company has reported an increase in trading volume, with approximately 2,328,700 shares changing hands, a 215% rise from its average daily volume.
• IMPACT Silver operates in Mexico, focusing on the exploration and processing of minerals including silver, lead, zinc, and gold, with a market cap of C$98.15 million.

IMPACT Silver Corp. (CVE:IPT - )'s stock price was down 1.6% during mid-day trading on Thursday . The stock traded as low as C$0.30 and last traded at C$0.31. Approximately 2,328,700 shares changed hands during mid-day trading, an increase of 215% from the average daily volume of 738,183 shares. The stock had previously closed at C$0.31.

IMPACT Silver Price Performance

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 company's 50-day simple moving average is C$0.33 and its 200-day simple moving average is C$0.28. The company has a market cap of C$98.15 million, a price-to-earnings ratio of -30.50 and a beta of 1.20.

About IMPACT Silver

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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