IMPACT Silver (CVE:IPT) Shares Down 5.5% – Here’s What Happened

IMPACT Silver Corp. (CVE:IPT – Get Free Report)’s stock price dropped 5.5% during trading on Tuesday. The stock traded as low as C$0.26 and last traded at C$0.26. 375,636 shares changed hands during trading, a decline of 66% from the average daily volume of 1,101,534 shares. The stock had previously closed at C$0.28.

IMPACT Silver Stock Performance

The stock’s 50 day moving average price is C$0.29 and its 200 day moving average price is C$0.29. The company has a current ratio of 4.22, a quick ratio of 7.14 and a debt-to-equity ratio of 0.16. The company has a market capitalization of C$87.38 million, a price-to-earnings ratio of 25.00 and a beta of 1.68.

About IMPACT Silver

(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.

Further Reading

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