IMPACT Silver Corp. (CVE:IPT – Get Free Report)’s share price dropped 9.4% during trading on Tuesday . The company traded as low as C$0.30 and last traded at C$0.31. Approximately 2,330,911 shares changed hands during mid-day trading, an increase of 97% from the average daily volume of 1,183,033 shares. The stock had previously closed at C$0.34.
IMPACT Silver Stock Down 8.8%
The firm has a market capitalization of C$107.11 million, a P/E ratio of -31.00 and a beta of 1.67. The company has a debt-to-equity ratio of 0.21, a quick ratio of 7.14 and a current ratio of 4.50. The business’s fifty day moving average price is C$0.30 and its two-hundred day moving average price is C$0.31.
About IMPACT Silver
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.
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