IMPACT Silver (CVE:IPT) Sets New 12-Month High – Time to Buy?

Shares of IMPACT Silver Corp. (CVE:IPTGet Free Report) hit a new 52-week high during mid-day trading on Monday . The company traded as high as C$0.54 and last traded at C$0.54, with a volume of 1995002 shares traded. The stock had previously closed at C$0.52.

IMPACT Silver Trading Up 3.8%

The company has a current ratio of 2.09, a quick ratio of 7.14 and a debt-to-equity ratio of 0.48. The company has a fifty day moving average price of C$0.36 and a 200-day moving average price of C$0.33. The firm has a market cap of C$175.44 million, a price-to-earnings ratio of -33.00 and a beta of 1.27.

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. 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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