Starcore International Mines Ltd. (TSE:SAM – Get Free Report) shares passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$0.73 and traded as low as C$0.61. Starcore International Mines shares last traded at C$0.62, with a volume of 609,289 shares trading hands.
Starcore International Mines Stock Down 3.1%
The company has a quick ratio of 3.79, a current ratio of 1.72 and a debt-to-equity ratio of 1.52. The company has a market capitalization of C$56.01 million, a P/E ratio of 15.50 and a beta of 0.47. The company has a 50-day moving average of C$0.73 and a two-hundred day moving average of C$0.86.
Starcore International Mines (TSE:SAM – Get Free Report) last released its quarterly earnings results on Saturday, February 28th. The company reported C$0.01 earnings per share for the quarter. Starcore International Mines had a return on equity of 7.08% and a net margin of 7.41%.The company had revenue of C$13.53 million for the quarter.
About Starcore International Mines
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. The majority of the organization’s revenue comes from Bernal, Mexico.
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