Minco Silver (TSE:MSV) Share Price Passes Above Two Hundred Day Moving Average – Here’s Why

Minco Silver Co. (TSE:MSV) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$0.39 and traded as high as C$0.46. Minco Silver shares last traded at C$0.46, with a volume of 4,500 shares traded.

Minco Silver Price Performance

The company has a quick ratio of 10.51, a current ratio of 22.66 and a debt-to-equity ratio of 1.40. The firm has a market capitalization of C$28.35 million, a price-to-earnings ratio of 3.29 and a beta of -0.30. The company has a fifty day moving average price of C$0.51 and a two-hundred day moving average price of C$0.39.

Minco Silver (TSE:MSV) last announced its earnings results on Friday, November 14th. The mining company reported C$0.06 EPS for the quarter. On average, equities research analysts expect that Minco Silver Co. will post 0.04 EPS for the current fiscal year.

Minco Silver Company Profile

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.