IMPACT Silver (CVE:IPT) Shares Down 10.2% – What’s Next?

IMPACT Silver Corp. (CVE:IPTGet Free Report) dropped 10.2% during mid-day trading on Tuesday . The company traded as low as C$0.27 and last traded at C$0.27. Approximately 73,772 shares traded hands during trading, a decline of 95% from the average daily volume of 1,454,684 shares. The stock had previously closed at C$0.30.

IMPACT Silver Stock Performance

The company has a quick ratio of 7.14, a current ratio of 5.55 and a debt-to-equity ratio of 0.32. The stock has a fifty day moving average of C$0.26 and a 200-day moving average of C$0.33. The stock has a market cap of C$107.11 million, a PE ratio of -7.75 and a beta of 1.50.

IMPACT Silver Company Profile

(Get Free Report)

IMPACT Silver Corp. engages in the exploration, development, and mineral processing activities in Mexico. The company produces silver, lead, zinc, and gold deposits. It owns interest in the Royal Mines of Zacualpan and the Capire Mineral District together covering an area of approximately 211 square kilometers located in central Mexico. The company also owns the Plomosas zinc-lead-silver mine located in Chihuahua, Northern Mexico. In addition, it operates the Guadalupe, Veta Negra, San Ramon, Cuchara, and Alacran gold-silver mines.

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