IMPACT Silver (CVE:IPT) Shares Up 7.6% – Still a Buy?

IMPACT Silver Corp. (CVE:IPTGet Free Report)’s share price rose 7.6% during trading on Friday . The stock traded as high as C$0.38 and last traded at C$0.36. Approximately 4,387,337 shares were traded during mid-day trading, an increase of 428% from the average daily volume of 831,408 shares. The stock had previously closed at C$0.33.

IMPACT Silver Stock Performance

The company has a current ratio of 2.09, a quick ratio of 7.14 and a debt-to-equity ratio of 0.48. The company’s 50-day moving average price is C$0.29 and its two-hundred day moving average price is C$0.31. The company has a market cap of C$115.33 million, a P/E ratio of -33.00 and a beta of 1.11.

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.

Further Reading

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