IMPACT Silver (CVE:IPT) Stock Price Down 7.4% – Here’s What Happened

IMPACT Silver Corp. (CVE:IPTGet Free Report)’s share price fell 7.4% during trading on Monday . The company traded as low as C$0.37 and last traded at C$0.38. 1,136,904 shares traded hands during trading, a decline of 52% from the average session volume of 2,372,482 shares. The stock had previously closed at C$0.41.

IMPACT Silver Stock Down 7.4%

The company has a debt-to-equity ratio of 0.35, a current ratio of 5.80 and a quick ratio of 7.14. The stock has a market cap of C$121.83 million, a price-to-earnings ratio of -33.00 and a beta of 1.30. The firm has a 50 day simple moving average of C$0.43 and a two-hundred day simple moving average of C$0.35.

About IMPACT Silver

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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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