IMPACT Silver (CVE:IPT) Trading Up 10.8% – Still a Buy?

IMPACT Silver Corp. (CVE:IPTGet Free Report) rose 10.8% on Friday . The company traded as high as C$0.21 and last traded at C$0.21. Approximately 171,000 shares were traded during mid-day trading, a decline of 51% from the average daily volume of 349,561 shares. The stock had previously closed at C$0.19.

IMPACT Silver Price Performance

The company has a fifty day moving average price of C$0.22 and a two-hundred day moving average price of C$0.23. The firm has a market capitalization of C$46.26 million, a price-to-earnings ratio of -3.88 and a beta of 1.93. The company has a quick ratio of 7.14, a current ratio of 2.09 and a debt-to-equity ratio of 0.48.

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.

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