IMPACT Silver (CVE:IPT) Stock Falls 4.4% – Here’s Why

Shares of IMPACT Silver Corp. (CVE:IPT – Get Free Report) traded down 4.4% during mid-day trading on Tuesday. The stock traded as low as C$0.21 and last traded at C$0.21. Approximately 198,426 shares traded hands during trading, a decline of 81% from the average daily volume of 1,047,658 shares. The stock had previously closed at C$0.23.

IMPACT Silver Price Performance

The company has a current ratio of 4.22, a quick ratio of 7.14 and a debt-to-equity ratio of 0.16. The company has a market cap of C$75.15 million, a P/E ratio of 21.50 and a beta of 1.68. The business’s fifty day moving average is C$0.27 and its 200 day moving average is C$0.31.

IMPACT Silver Company Profile

(Get Free Report)

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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