IMPACT Silver (CVE:IPT) Stock Price Down 10.2% – Here’s What Happened

IMPACT Silver Corp. (CVE:IPT)’s share price fell 10.2% during mid-day trading on Tuesday . The company traded as low as C$0.27 and last traded at C$0.27. 73,772 shares were traded during mid-day trading, a decline of 95% from the average session volume of 1,454,684 shares. The stock had previously closed at C$0.30.

IMPACT Silver Trading Down 10.2%

The company has a current ratio of 5.55, a quick ratio of 7.14 and a debt-to-equity ratio of 0.32. The business’s 50-day moving average is C$0.26 and its two-hundred day moving average is C$0.33. The firm has a market cap of C$91.56 million, a P/E ratio of -6.63 and a beta of 1.50.

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.