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IMPACT Silver (CVE:IPT) Stock Price Down 8.1% - Should You Sell?

IMPACT Silver logo with Basic Materials background

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.
  • MarketBeat previews the top five stocks to own by October 1st.

IMPACT Silver Corp. (CVE:IPT - Get Free Report) shares traded down 8.1% on Tuesday . The stock traded as low as C$0.34 and last traded at C$0.34. 505,231 shares were traded 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 Trading Up 6.9%

The firm has a market capitalization of C$93.74 million, a P/E ratio of -7.87 and a beta of 1.93. The company has a debt-to-equity ratio of 0.48, a quick ratio of 7.14 and a current ratio of 2.09. The firm has a 50 day moving average price of C$0.33 and a two-hundred day moving average price of C$0.24.

About IMPACT Silver

(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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