Liberty Silver (OTCMKTS:BHLL) Stock Falls 2.6% – Should You Sell?

Liberty Silver Corp. (OTCMKTS:BHLL)’s share price dropped 2.6% on Monday. The company traded as low as $2.0420 and last traded at $2.05. 62,451 shares were traded during mid-day trading, a decline of 6% from the average session volume of 66,297 shares. The stock had previously closed at $2.1050.

Liberty Silver Price Performance

The business’s fifty day simple moving average is $2.94 and its 200-day simple moving average is $4.08. The company has a current ratio of 0.49, a quick ratio of 0.45 and a debt-to-equity ratio of 9.20. The firm has a market cap of $96.99 million, a P/E ratio of -1.50 and a beta of 1.28.

Liberty Silver (OTCMKTS:BHLL) last posted its earnings results on Friday, July 31st. The company reported ($0.09) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.29) by $0.20. As a group, analysts forecast that Liberty Silver Corp. will post 0.58 EPS for the current fiscal year.

Liberty Silver Company Profile

Liberty Silver Corp. was a mineral exploration and development company focused primarily on silver and other base-metal properties. Its activities included acquiring, evaluating and advancing mineral projects rather than operating a diversified portfolio of commercial businesses.

The company’s principal asset was the historic Bunker Hill Mine in Idaho’s Silver Valley, a district known for silver, lead and zinc production. The project’s development potential was based on the company’s efforts to assess and advance existing mineralization and related infrastructure.

Liberty Silver later changed its name to Bunker Hill Mining Corp., reflecting its focus on the Bunker Hill project.