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

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)'s stock price was down 15.8% during trading on Thursday . The stock 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 Price Performance

The company has a current ratio of 2.09, a quick ratio of 7.14 and a debt-to-equity ratio of 0.48. The company has a market capitalization of C$85.39 million, a PE ratio of -15.50 and a beta of 1.44. The stock's 50-day moving average is C$0.35 and its two-hundred day moving average is C$0.26.

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.