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IMPACT Silver (CVE:IPT) Trading Down 15.8% - Time to Sell?

IMPACT Silver logo with Basic Materials background

Key Points

  • IMPACT Silver Corp. shares fell by 15.8% during midday trading, dropping to C$0.32 from a previous close of C$0.38.
  • The volume of shares traded surged to approximately 3.88 million, indicating a 777% increase compared to the average daily trading volume.
  • The company's market cap is C$88.14 million, with a PE ratio of -16.00, reflecting its current negative earnings situation.
  • MarketBeat previews top five stocks to own in October.

IMPACT Silver Corp. (CVE:IPT - Get Free Report) shares 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 were traded 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 Stock Performance

The firm has a market cap of C$88.14 million, a PE ratio of -16.00 and a beta of 1.44. The company has a 50 day simple moving average of C$0.35 and a 200-day simple moving average of C$0.26. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.09 and a quick ratio of 7.14.

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.

See Also

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