Minco Silver (TSE:MSV) Stock Price Down 16.9% – Time to Sell?

Minco Silver Co. (TSE:MSVGet Free Report)’s share price fell 16.9% during trading on Tuesday . The stock traded as low as C$0.54 and last traded at C$0.54. Approximately 128,122 shares changed hands during mid-day trading, an increase of 129% from the average daily volume of 55,856 shares. The stock had previously closed at C$0.65.

Minco Silver Stock Down 18.5%

The company has a debt-to-equity ratio of 1.92, a quick ratio of 10.51 and a current ratio of 66.16. The stock’s fifty day simple moving average is C$0.77 and its two-hundred day simple moving average is C$0.58. The stock has a market capitalization of C$32.66 million, a P/E ratio of 10.60 and a beta of -0.99.

Minco Silver (TSE:MSVGet Free Report) last issued its quarterly earnings results on Wednesday, August 12th. The mining company reported C($0.02) EPS for the quarter. As a group, research analysts expect that Minco Silver Co. will post 0.04 EPS for the current fiscal year.

About Minco Silver

(Get Free Report)

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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