Minco Silver (TSE:MSV) Stock Price Down 11.5% – Here’s Why

Minco Silver Co. (TSE:MSVGet Free Report) traded down 11.5% during mid-day trading on Wednesday . The stock traded as low as C$0.43 and last traded at C$0.43. 16,696 shares were traded during mid-day trading, a decline of 67% from the average session volume of 49,998 shares. The stock had previously closed at C$0.48.

Minco Silver Trading Down 14.6%

The company has a 50 day simple moving average of C$0.47 and a 200 day simple moving average of C$0.48. The company has a market capitalization of C$25.27 million, a PE ratio of 3.42 and a beta of -0.55. The company has a debt-to-equity ratio of 1.96, a quick ratio of 10.51 and a current ratio of 61.57.

Minco Silver (TSE:MSVGet Free Report) last announced its earnings results on Tuesday, March 24th. The mining company reported C$0.05 earnings per share (EPS) for the quarter. Analysts anticipate that Minco Silver Co. will post 0.04 earnings per share for the current year.

Minco Silver Company Profile

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Minco Silver Corp is a Canadian based silver mining company. It is engaged in exploring, evaluating, and developing precious metals mineral properties and projects. The company has interest in the Fuwan Silver Project and Changkeng Gold Project.

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