IMPACT Silver (CVE:IPT) Shares Up 14.6% – Still a Buy?

IMPACT Silver Corp. (CVE:IPT)’s stock price traded up 14.6% during trading on Wednesday . The company traded as high as C$0.28 and last traded at C$0.28. 387,475 shares changed hands during trading, a decline of 74% from the average session volume of 1,513,369 shares. The stock had previously closed at C$0.24.

IMPACT Silver Trading Up 16.7%

The company has a quick ratio of 7.14, a current ratio of 5.55 and a debt-to-equity ratio of 0.32. The stock has a fifty day simple moving average of C$0.28 and a 200 day simple moving average of C$0.33. The firm has a market capitalization of C$96.74 million, a P/E ratio of -7.00 and a beta of 1.50.

IMPACT Silver Company Profile

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.