Minco Silver (TSE:MSV) Stock Price Down 16.9% – Should You Sell?

Minco Silver Co. (TSE:MSVGet Free Report) dropped 16.9% on Friday . The stock traded as low as C$0.59 and last traded at C$0.59. 101,258 shares were traded during mid-day trading, an increase of 80% from the average daily volume of 56,282 shares. The stock had previously closed at C$0.71.

Minco Silver Trading Down 15.5%

The firm has a market capitalization of C$36.98 million, a price-to-earnings ratio of 12.00 and a beta of -0.44. The business has a 50-day moving average of C$0.73 and a two-hundred day moving average of C$0.56. The company has a quick ratio of 10.51, a current ratio of 66.16 and a debt-to-equity ratio of 1.92.

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

Minco Silver Company Profile

(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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