Starcore International Mines (TSE:SAM) Stock Price Crosses Above 50 Day Moving Average – Here’s Why

Starcore International Mines Ltd. (TSE:SAMGet Free Report) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$0.48 and traded as high as C$0.56. Starcore International Mines shares last traded at C$0.52, with a volume of 171,630 shares trading hands.

Starcore International Mines Trading Down 5.5%

The firm has a market cap of C$46.73 million, a P/E ratio of -15.05 and a beta of 0.07. The company’s 50 day moving average is C$0.48 and its two-hundred day moving average is C$0.36. The company has a debt-to-equity ratio of 1.53, a current ratio of 2.69 and a quick ratio of 3.79.

Starcore International Mines Company Profile

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Starcore International Mines Ltd is into the business of exploration, development, and production of minerals. It has got products in various stages The San Martin being the primary source of operating cash flows. In Mexico, the business holds an interest in the silver and gold processing plant. Some of its projects include San Martin, El Creston, and Toiyabe among others.

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