Starcore International Mines (TSE:SAM) Posts Earnings Results

Starcore International Mines (TSE:SAM) posted its quarterly earnings results on Monday. The company reported C$0.03 earnings per share (EPS) for the quarter, FiscalAI reports. Starcore International Mines had a net margin of 20.66% and a return on equity of 18.91%. The firm had revenue of C$10.50 million for the quarter.

Starcore International Mines Trading Down 3.2%

Shares of TSE SAM opened at C$0.45 on Tuesday. The stock’s 50 day moving average price is C$0.48 and its two-hundred day moving average price is C$0.63. Starcore International Mines has a 52-week low of C$0.32 and a 52-week high of C$1.51. The stock has a market capitalization of C$43.37 million, a P/E ratio of 5.62 and a beta of 0.08. The company has a quick ratio of 3.79, a current ratio of 2.20 and a debt-to-equity ratio of 0.87.

About Starcore International Mines

Starcore International Mines is engaged in precious metals production with focus and experience in Mexico. The Company’s base of producing assets includes its gold producing San Martin Mine and the La Tortilla silver mine, both in the state of Queretaro, Mexico. The Company is a leader in Corporate Social Responsibility and advocates value driven decisions that will increase long term shareholder value.