IMPACT Silver (CVE:IPT) Trading 17.6% Higher – Still a Buy?

IMPACT Silver Corp. (CVE:IPTGet Free Report) shares traded up 17.6% during trading on Wednesday . The stock traded as high as C$0.30 and last traded at C$0.30. 287,300 shares were traded during mid-day trading, a decline of 80% from the average session volume of 1,431,335 shares. The stock had previously closed at C$0.26.

IMPACT Silver Stock Up 12.9%

The firm has a market capitalization of C$120.93 million, a P/E ratio of -8.75 and a beta of 1.50. The firm’s 50-day moving average is C$0.26 and its 200 day moving average is C$0.33. The company has a debt-to-equity ratio of 0.21, a quick ratio of 7.14 and a current ratio of 4.50.

IMPACT Silver Company Profile

(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.

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