Minco Silver (TSE:MSV) Trading Up 11.4% – Here’s Why

Minco Silver Co. (TSE:MSVGet Free Report) shot up 11.4% on Monday . The company traded as high as C$0.90 and last traded at C$0.88. 151,570 shares changed hands during trading, an increase of 157% from the average daily volume of 59,036 shares. The stock had previously closed at C$0.79.

Minco Silver Stock Performance

The firm’s fifty day moving average is C$0.56 and its 200-day moving average is C$0.52. The company has a current ratio of 61.57, a quick ratio of 10.51 and a debt-to-equity ratio of 1.96. The stock has a market capitalization of C$54.23 million, a PE ratio of 7.33 and a beta of -0.53.

Minco Silver (TSE:MSVGet Free Report) last posted its quarterly earnings data on Friday, May 15th. The mining company reported C($0.01) earnings per share for the quarter. As a group, research analysts anticipate 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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