Minco Silver (TSE:MSV) Shares Down 16.9% – Time to Sell?

Minco Silver Co. (TSE:MSVGet Free Report)’s share price was down 16.9% during mid-day trading on Friday . The company traded as low as C$0.59 and last traded at C$0.59. Approximately 101,258 shares traded hands during mid-day trading, an increase of 80% from the average session volume of 56,282 shares. The stock had previously closed at C$0.71.

Minco Silver Trading Down 15.5%

The firm’s 50 day moving average is C$0.73 and its 200 day moving average is C$0.56. The company has a market cap of C$36.98 million, a PE ratio of 12.00 and a beta of -0.44. The company has a debt-to-equity ratio of 1.92, a current ratio of 66.16 and a quick ratio of 10.51.

Minco Silver (TSE:MSVGet Free Report) last posted its earnings results on Wednesday, August 12th. The mining company reported C($0.02) earnings per share (EPS) for the quarter. On average, equities 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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