IMPACT Silver (CVE:IPT) Stock Price Down 1.9% – Here’s Why

Shares of IMPACT Silver Corp. (CVE:IPTGet Free Report) dropped 1.9% during mid-day trading on Tuesday . The company traded as low as C$0.26 and last traded at C$0.26. 150,118 shares were traded during mid-day trading, a decline of 88% from the average session volume of 1,206,982 shares. The stock had previously closed at C$0.27.

IMPACT Silver Price Performance

The stock’s 50 day moving average is C$0.31 and its two-hundred day moving average is C$0.33. The stock has a market capitalization of C$89.83 million, a PE ratio of -26.00 and a beta of 1.72. The company has a debt-to-equity ratio of 0.21, a current ratio of 4.50 and a quick ratio of 7.14.

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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