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

Key Points

• IMPACT Silver Corp. saw its stock price drop 15.8% to C$0.32, with trading volume increasing by 777% from average volumes.
• The company has a market cap of C$88.14 million and a debt-to-equity ratio of 0.48, indicating a relatively stable financial position.
• IMPACT Silver is involved in the exploration and processing of minerals, primarily located in Mexico, producing silver, lead, zinc, and gold.

IMPACT Silver Corp. (CVE:IPT - Get Free Report) shares were down 15.8% during mid-day trading on Thursday . The company traded as low as C$0.32 and last traded at C$0.32. Approximately 3,878,245 shares were traded 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 Stock Down 7.5%

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 business's 50-day simple moving average is C$0.35 and its 200-day simple moving average is C$0.26.

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.