IMPACT Silver (CVE:IPT) Trading Down 15.8% - What's Next?

Key Points

• IMPACT Silver Corp. shares fell by 15.8% during mid-day trading, reaching a low of C$0.32 compared to a previous close of C$0.38.
• The trading volume increased significantly, with approximately 3.87 million shares changing hands, which is a 777% rise from the average daily volume.
• IMPACT Silver operates in Mexico, focusing on the exploration and processing of minerals including silver, lead, zinc, and gold, and has a market cap of C$86.21 million.

IMPACT Silver Corp. (CVE:IPT - Get Free Report) traded down 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 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 Price Performance

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 firm's 50-day moving average is C$0.35 and its 200-day moving average is C$0.26. The company has a market cap of C$86.77 million, a PE ratio of -15.75 and a beta of 1.44.

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.