Minco Silver (TSE:MSV) Stock Price Down 16.9% – Should You Sell?

Minco Silver Co. (TSE:MSVGet Free Report)’s stock price dropped 16.9% during trading on Tuesday . The stock traded as low as C$0.54 and last traded at C$0.54. 128,122 shares changed hands during trading, an increase of 129% from the average daily volume of 55,856 shares. The stock had previously closed at C$0.65.

Minco Silver Price Performance

The stock has a market cap of C$30.20 million, a PE ratio of 9.80 and a beta of -0.99. The company has a quick ratio of 10.51, a current ratio of 66.16 and a debt-to-equity ratio of 1.92. The company’s fifty day moving average is C$0.77 and its 200 day moving average is C$0.58.

Minco Silver (TSE:MSVGet Free Report) last announced its quarterly earnings results on Wednesday, August 12th. The mining company reported C($0.02) earnings per share for the quarter. As a group, sell-side analysts anticipate that Minco Silver Co. will post 0.04 earnings per share for the current fiscal year.

About Minco Silver

(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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