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IMPACT Silver (CVE:IPT) Shares Down 13.2% - What's Next?

IMPACT Silver logo with Basic Materials background

Key Points

  • IMPACT Silver Corp. shares experienced a sharp decline of 13.2%, closing at C$0.33 after trading volumes rose by 416% compared to the average daily volume.
  • The company has a current ratio of 2.09, indicating a strong liquidity position, along with a debt-to-equity ratio of 0.48, reflecting manageable debt levels.
  • IMPACT Silver is involved in the exploration and processing of minerals, including silver, lead, zinc, and gold, primarily in central Mexico, with interests in the Royal Mines of Zacualpan and the Capire Mineral District.
  • MarketBeat previews the top five stocks to own by October 1st.

IMPACT Silver Corp. (CVE:IPT - Get Free Report) shares traded down 13.2% during mid-day trading on Wednesday . The stock traded as low as C$0.33 and last traded at C$0.33. 2,220,728 shares traded hands during mid-day trading, an increase of 416% from the average session volume of 430,698 shares. The stock had previously closed at C$0.38.

IMPACT Silver Price Performance

The company has a 50 day moving average of C$0.35 and a 200-day moving average of C$0.26. The firm has a market capitalization of C$92.27 million, a P/E ratio of -16.75 and a beta of 1.44. 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

(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.

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