IMPACT Silver (CVE:IPT) Trading Up 4.5% – Should You Buy?

IMPACT Silver Corp. (CVE:IPTGet Free Report) rose 4.5% on Tuesday . The stock traded as high as C$0.34 and last traded at C$0.34. 586,947 shares changed hands during mid-day trading, a decline of 58% from the average session volume of 1,392,198 shares. The stock had previously closed at C$0.33.

IMPACT Silver Stock Down 6.8%

The company has a debt-to-equity ratio of 0.21, a quick ratio of 7.14 and a current ratio of 4.50. The stock has a fifty day moving average price of C$0.29 and a 200-day moving average price of C$0.34. The firm has a market cap of C$104.69 million, a PE ratio of -30.30 and a beta of 1.44.

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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