Minco Silver (TSE:MSV) Shares Up 21.3% – Still a Buy?

Minco Silver Co. (TSE:MSV)’s stock price traded up 21.3% during mid-day trading on Monday . The company traded as high as C$0.54 and last traded at C$0.54. 101,408 shares traded hands during trading, an increase of 78% from the average session volume of 56,891 shares. The stock had previously closed at C$0.45.

Minco Silver Trading Up 14.6%

The company has a current ratio of 22.66, a quick ratio of 10.51 and a debt-to-equity ratio of 1.40. The firm has a fifty day simple moving average of C$0.52 and a two-hundred day simple moving average of C$0.40. The firm has a market cap of C$31.43 million, a PE ratio of 3.64 and a beta of -0.30.

Minco Silver (TSE:MSV) last posted its earnings results on Friday, November 14th. The mining company reported C$0.06 earnings per share (EPS) for the quarter. Equities analysts forecast that Minco Silver Co. will post 0.04 EPS for the current year.

About Minco Silver

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.