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IMPACT Silver (CVE:IPT) Trading Up 6.3% - Still a Buy?

IMPACT Silver logo with Basic Materials background
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Key Points

  • Shares rose 6.3% to C$0.26 on Monday, but volume was weak at ~588,514 shares traded, down about 67% from the average daily volume.
  • Financial/technical snapshot: market capitalization C$82.85 million, a negative P/E (-33.0), strong liquidity (quick ratio 7.14, current ratio 5.80) and modest leverage (debt/equity 0.35), while the stock trades below its 50‑day (C$0.31) and 200‑day (C$0.33) moving averages.
  • Business profile: IMPACT Silver is a Mexico-focused miner producing silver, lead, zinc and gold with assets including the Royal Mines of Zacualpan and the Plomosas mine.
  • Interested in IMPACT Silver? Here are five stocks we like better.

IMPACT Silver Corp. (CVE:IPT - Get Free Report) shares were up 6.3% on Monday . The stock traded as high as C$0.26 and last traded at C$0.26. Approximately 588,514 shares changed hands during trading, a decline of 67% from the average daily volume of 1,757,266 shares. The stock had previously closed at C$0.24.

IMPACT Silver Stock Up 6.3%

The company has a market capitalization of C$82.85 million, a PE ratio of -33.00 and a beta of 1.53. The company's 50 day moving average is C$0.31 and its two-hundred day moving average is C$0.33. The company has a quick ratio of 7.14, a current ratio of 5.80 and a debt-to-equity ratio of 0.35.

About IMPACT Silver

(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. The company also owns the Plomosas zinc-lead-silver mine located in Chihuahua, Northern Mexico. In addition, it operates the Guadalupe, Veta Negra, San Ramon, Cuchara, and Alacran gold-silver mines.

Further Reading

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