Shares of IMPACT Silver Corp. (CVE:IPT – Get Free Report) rose 17.6% during trading on Wednesday . The stock traded as high as C$0.30 and last traded at C$0.30. Approximately 287,300 shares were traded during mid-day trading, a decline of 80% from the average daily volume of 1,431,335 shares. The stock had previously closed at C$0.26.
IMPACT Silver Trading Up 23.5%
The company has a 50 day moving average of C$0.26 and a 200 day moving average of C$0.33. The company has a current ratio of 5.55, a quick ratio of 7.14 and a debt-to-equity ratio of 0.32. The firm has a market cap of C$108.83 million, a price-to-earnings ratio of -7.88 and a beta of 1.50.
About IMPACT Silver
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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