Minco Silver (TSE:MSV) Shares Pass Below 200 Day Moving Average – Should You Sell?

Shares of Minco Silver Co. (TSE:MSVGet Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.49 and traded as low as C$0.43. Minco Silver shares last traded at C$0.49, with a volume of 100,807 shares.

Minco Silver Price Performance

The company’s 50-day moving average price is C$0.47 and its two-hundred day moving average price is C$0.49. The company has a market cap of C$33.89 million, a P/E ratio of 4.58 and a beta of -0.53. The company has a current ratio of 61.57, a quick ratio of 10.51 and a debt-to-equity ratio of 1.96.

Minco Silver (TSE:MSVGet Free Report) last released its quarterly earnings data on Friday, May 15th. The mining company reported C($0.01) earnings per share for the quarter. As a group, sell-side 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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