Minco Silver (TSE:MSV) Stock Price Up 21.3% – Here’s What Happened

Minco Silver Co. (TSE:MSV)’s share price traded up 21.3% on Monday . The company traded as high as C$0.54 and last traded at C$0.54. 101,408 shares were traded during trading, an increase of 78% from the average session volume of 56,891 shares. The stock had previously closed at C$0.45.

Minco Silver Stock Performance

The company’s fifty day simple moving average is C$0.52 and its 200 day simple moving average is C$0.40. The stock has a market capitalization of C$31.43 million, a P/E ratio of 3.64 and a beta of -0.30. The company has a current ratio of 22.66, a quick ratio of 10.51 and a debt-to-equity ratio of 1.40.

Minco Silver (TSE:MSV) last announced its earnings results on Friday, November 14th. The mining company reported C$0.06 earnings per share for the quarter. As a group, sell-side analysts forecast that Minco Silver Co. will post 0.04 earnings per share for the current fiscal year.

About Minco Silver

Minco Silver Corp is a Canadian based silver mining company. It is engaged in exploring, evaluating, and developing precious metals mineral properties and projects. The company has interest in the Fuwan Silver Project and Changkeng Gold Project.