Minco Silver (TSE:MSV) Stock Price Down 11.5% – Here’s Why
by Scott Moore · The Cerbat GemShares of Minco Silver Co. (TSE:MSV – Get Free Report) were down 11.5% during mid-day trading on Wednesday . The company traded as low as C$0.43 and last traded at C$0.43. Approximately 16,696 shares traded hands during mid-day trading, a decline of 67% from the average daily volume of 49,998 shares. The stock had previously closed at C$0.48.
Minco Silver Stock Performance
The stock has a 50-day moving average of C$0.47 and a 200 day moving average of C$0.48. The stock has a market cap of C$25.27 million, a PE ratio of 3.42 and a beta of -0.55. The company has a quick ratio of 10.51, a current ratio of 61.57 and a debt-to-equity ratio of 1.96.
Minco Silver (TSE:MSV – Get Free Report) last issued its earnings results on Tuesday, March 24th. The mining company reported C$0.05 earnings per share (EPS) for the quarter. Equities analysts predict that Minco Silver Co. will post 0.04 EPS 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.