Minco Silver (TSE:MSV) Hits New 52-Week High – Should You Buy?

Minco Silver Co. (TSE:MSVGet Free Report)’s stock price hit a new 52-week high on Thursday . The stock traded as high as C$0.90 and last traded at C$0.90, with a volume of 80560 shares trading hands. The stock had previously closed at C$0.88.

Minco Silver Trading Down 2.2%

The firm has a market capitalization of C$54.85 million, a price-to-earnings ratio of 7.42 and a beta of -0.53. The business’s 50 day moving average price is C$0.58 and its 200-day moving average price is C$0.52. 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) EPS for the quarter. Equities analysts forecast that Minco Silver Co. will post 0.04 EPS for the current fiscal year.

Minco Silver Company Profile

(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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