Minco Silver (TSE:MSV) Stock Price Down 11.5% – What’s Next?

Minco Silver Co. (TSE:MSVGet Free Report) traded down 11.5% during mid-day trading on Wednesday . The company traded as low as C$0.42 and last traded at C$0.42. 16,696 shares traded hands during mid-day trading, a decline of 67% from the average daily volume of 49,998 shares. The stock had previously closed at C$0.48.

Minco Silver Stock Performance

The stock’s 50-day moving average price is C$0.47 and its 200 day moving average price is C$0.48. The firm has a market cap of C$27.11 million, a P/E ratio of 3.67 and a beta of -0.55. The company has a debt-to-equity ratio of 1.96, a current ratio of 61.57 and a quick ratio of 10.51.

Minco Silver (TSE:MSVGet Free Report) last released its earnings results on Tuesday, March 24th. The mining company reported C$0.05 earnings per share for the quarter. As a group, equities analysts predict that Minco Silver Co. will post 0.04 EPS for the current year.

Minco Silver Company Profile

(Get Free Report)

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.

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