Starcore International Mines (TSE:SAM) Stock Price Passes Above Fifty Day Moving Average – Time to Sell?

Starcore International Mines Ltd. (TSE:SAMGet Free Report) shares crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$0.48 and traded as high as C$0.49. Starcore International Mines shares last traded at C$0.48, with a volume of 129,650 shares.

Starcore International Mines Stock Performance

The company has a debt-to-equity ratio of 1.16, a quick ratio of 3.79 and a current ratio of 2.05. The stock has a market cap of C$46.74 million, a P/E ratio of 6.06 and a beta of 0.08. The company’s 50 day moving average price is C$0.48 and its 200-day moving average price is C$0.65.

Starcore International Mines (TSE:SAMGet Free Report) last released its quarterly earnings results on Friday, July 24th. The company reported C$0.05 earnings per share for the quarter. Starcore International Mines had a net margin of 16.73% and a return on equity of 15.83%. The company had revenue of C$11.44 million for the quarter.

About Starcore International Mines

(Get Free Report)

Starcore International Mines is engaged in precious metals production with focus and experience in Mexico. The Company’s base of producing assets includes its gold producing San Martin Mine and the La Tortilla silver mine, both in the state of Queretaro, Mexico. The Company is a leader in Corporate Social Responsibility and advocates value driven decisions that will increase long term shareholder value.

See Also

Receive News & Ratings for Starcore International Mines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Starcore International Mines and related companies with MarketBeat.com's FREE daily email newsletter.