IMPACT Silver (CVE:IPT) Shares Down 5.5% – Here’s What Happened

Shares of IMPACT Silver Corp. (CVE:IPT – Get Free Report) were down 5.5% on Tuesday. The stock traded as low as C$0.26 and last traded at C$0.26. Approximately 375,636 shares traded hands during mid-day trading, a decline of 66% from the average session volume of 1,101,534 shares. The stock had previously closed at C$0.28.

IMPACT Silver Stock Down 5.5%

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 50-day moving average of C$0.29 and a 200-day moving average of C$0.29. The company has a market capitalization of C$90.88 million, a price-to-earnings ratio of 26.00 and a beta of 1.68.

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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