Minco Silver (TSE:MSV) Stock Price Down 16.9% – Should You Sell?

Shares of Minco Silver Co. (TSE:MSV) fell 16.9% on Friday . The stock traded as low as C$0.59 and last traded at C$0.59. 101,258 shares traded hands during mid-day trading, an increase of 80% from the average daily volume of 56,282 shares. The stock had previously closed at C$0.71.

Minco Silver Stock Down 15.5%

The company has a quick ratio of 10.51, a current ratio of 66.16 and a debt-to-equity ratio of 1.92. The business has a 50-day simple moving average of C$0.73 and a two-hundred day simple moving average of C$0.56. The stock has a market capitalization of C$36.98 million, a P/E ratio of 12.00 and a beta of -0.44.

Minco Silver (TSE:MSV) last released its quarterly earnings results on Wednesday, August 12th. The mining company reported C($0.02) EPS for the quarter. Equities research analysts forecast that Minco Silver Co. will post 0.04 earnings per share for the current fiscal year.

About Minco Silver

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.