Minco Silver (TSE:MSV) Hits New 12-Month High – Should You Buy?

Minco Silver Co. (TSE:MSVGet Free Report) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$0.67 and last traded at C$0.66, with a volume of 277391 shares trading hands. The stock had previously closed at C$0.62.

Minco Silver Trading Up 8.1%

The stock has a market capitalization of C$41.29 million, a P/E ratio of 5.58 and a beta of -0.53. The stock’s fifty day moving average price is C$0.48 and its 200 day moving average price is C$0.50. The company has a debt-to-equity ratio of 1.96, a current ratio of 61.57 and a quick ratio of 10.51.

Minco Silver (TSE:MSVGet Free Report) last announced its quarterly earnings data on Friday, May 15th. The mining company reported C($0.01) earnings per share for the quarter. Research analysts forecast that Minco Silver Co. will post 0.04 earnings per share for the current year.

About Minco Silver

(Get Free Report)

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.

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