IMPACT Silver (CVE:IPT) Stock Price Down 15.8% - Here's Why

Key Points

• IMPACT Silver Corp. shares fell 15.8% on Thursday, closing at C$0.32, with trading volume increasing by 777% compared to its average.
• The company has a market capitalization of C$86.77 million and currently shows a price-to-earnings ratio of -15.75.
• IMPACT Silver engages in mineral exploration and processing in Mexico, focusing on producing silver, lead, zinc, and gold deposits across approximately 211 square kilometers.

IMPACT Silver Corp. (CVE:IPT - Get Free Report)'s share price was down 15.8% on Thursday . The company traded as low as C$0.32 and last traded at C$0.32. Approximately 3,878,245 shares traded hands during trading, an increase of 777% from the average daily volume of 442,355 shares. The stock had previously closed at C$0.38.

IMPACT Silver Trading Down 6.0%

The company has a market cap of C$86.77 million, a PE ratio of -15.75 and a beta of 1.44. The business has a 50 day simple moving average of C$0.35 and a two-hundred day simple moving average of C$0.26. 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

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.