Minco Silver (TSE:MSV) Trading 20.3% Higher – Time to Buy?

Minco Silver Co. (TSE:MSVGet Free Report)’s stock price traded up 20.3% during mid-day trading on Wednesday . The company traded as high as C$0.84 and last traded at C$0.83. 112,367 shares were traded during mid-day trading, an increase of 97% from the average session volume of 56,970 shares. The stock had previously closed at C$0.69.

Minco Silver Stock Up 23.2%

The company has a debt-to-equity ratio of 1.96, a quick ratio of 10.51 and a current ratio of 61.57. The firm has a market capitalization of C$52.38 million, a PE ratio of 7.08 and a beta of -0.53. The company has a fifty day moving average price of C$0.49 and a 200-day moving average price of C$0.50.

Minco Silver (TSE:MSVGet Free Report) last posted its earnings results on Friday, May 15th. The mining company reported C($0.01) earnings per share for the quarter. As a group, analysts expect that Minco Silver Co. will post 0.04 earnings per share for the current year.

About Minco Silver

(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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