Starcore International Mines (TSE:SAM) Shares Cross Above Fifty Day Moving Average – Here’s What Happened

Shares of Starcore International Mines Ltd. (TSE:SAM) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.79 and traded as high as C$1.12. Starcore International Mines shares last traded at C$1.12, with a volume of 435,542 shares changing hands.

Starcore International Mines Stock Performance

The company has a quick ratio of 3.79, a current ratio of 2.69 and a debt-to-equity ratio of 1.53. The stock has a market capitalization of C$100.65 million, a P/E ratio of -32.41 and a beta of 0.62. The business has a fifty day moving average price of C$0.79 and a 200-day moving average price of C$0.53.

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

Starcore International Mines Company Profile

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.