Minco Silver (TSE:MSV) Trading Up 45.7% – Should You Buy?

Minco Silver Co. (TSE:MSVGet Free Report) shares rose 45.7% during trading on Wednesday . The company traded as high as C$0.67 and last traded at C$0.67. Approximately 149,191 shares were traded during trading, an increase of 271% from the average daily volume of 40,250 shares. The stock had previously closed at C$0.46.

Minco Silver Stock Up 45.7%

The stock has a market cap of C$41.29 million, a price-to-earnings ratio of 4.79 and a beta of -0.54. The company has a current ratio of 22.66, a quick ratio of 10.51 and a debt-to-equity ratio of 1.40. The firm’s 50 day moving average is C$0.35 and its two-hundred day moving average is C$0.32.

Minco Silver (TSE:MSVGet Free Report) last released its quarterly earnings results on Friday, November 14th. The mining company reported C$0.06 earnings per share (EPS) for the quarter. On average, sell-side analysts predict that Minco Silver Co. will post 0.04 EPS for the current 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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