IMPACT Silver (CVE:IPT) Stock Price Down 8.1% - Time to Sell?

Key Points

• IMPACT Silver Corp. stock price dropped by 8.1% to C$0.34, with trading volume up by 22% compared to the average session.
• The company has a market cap of C$82.78 million and a negative price-to-earnings (PE) ratio of -6.95, indicating challenges in profitability.
• IMPACT Silver operates in Mexico, focusing on the exploration and processing of minerals such as silver, lead, zinc, and gold.

IMPACT Silver Corp. (CVE:IPT - )'s share price fell 8.1% during trading on Tuesday . The stock traded as low as C$0.34 and last traded at C$0.34. 505,231 shares changed hands during trading, an increase of 22% from the average session volume of 413,132 shares. The stock had previously closed at C$0.37.

IMPACT Silver Stock Performance

The firm has a 50 day moving average price of C$0.33 and a 200 day moving average price of C$0.24. The company has a quick ratio of 7.14, a current ratio of 2.09 and a debt-to-equity ratio of 0.48. The stock has a market cap of C$82.78 million, a PE ratio of -6.95 and a beta of 1.93.

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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