Starcore International Mines (TSE:SAM) Stock Price Down 1.9% – Here’s Why

Starcore International Mines Ltd. (TSE:SAM) was down 1.9% during trading on Friday . The stock traded as low as C$0.94 and last traded at C$1.05. Approximately 301,155 shares traded hands during trading, an increase of 5% from the average daily volume of 287,884 shares. The stock had previously closed at C$1.07.

Starcore International Mines Price Performance

The stock has a market cap of C$94.36 million, a PE ratio of -30.39 and a beta of 0.62. The company has a debt-to-equity ratio of 1.53, a current ratio of 2.69 and a quick ratio of 3.79. The firm’s 50 day moving average price is C$0.73 and its two-hundred day moving average price is C$0.50.

Starcore International Mines (TSE:SAM) last posted its quarterly earnings results on Friday, December 12th. The company reported C($0.01) EPS for the quarter. Starcore International Mines had a return on equity of 9.74% and a net margin of 12.07%.

About Starcore International Mines

Starcore International Mines Ltd is into the business of exploration, development, and production of minerals. It has got products in various stages The San Martin being the primary source of operating cash flows. In Mexico, the business holds an interest in the silver and gold processing plant. Some of its projects include San Martin, El Creston, and Toiyabe among others. The majority of the organization’s revenue comes from Bernal, Mexico.