IMPACT Silver (CVE:IPT) Trading Down 15.8% – Time to Sell?

IMPACT Silver Corp. (CVE:IPTGet Free Report)’s share price dropped 15.8% on Thursday . The stock traded as low as C$0.32 and last traded at C$0.32. Approximately 3,878,245 shares were traded during trading, an increase of 777% from the average daily volume of 442,355 shares. The stock had previously closed at C$0.38.

IMPACT Silver Stock Down 15.8%

The company’s 50 day moving average price is C$0.35 and its two-hundred day moving average price is C$0.25. The company has a quick ratio of 7.14, a current ratio of 2.09 and a debt-to-equity ratio of 0.48. The stock has a market cap of C$88.14 million, a P/E ratio of -16.00 and a beta of 1.51.

About IMPACT Silver

(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.

Further Reading

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