IMPACT Silver (CVE:IPT) Trading Up 4.3% – Still a Buy?

IMPACT Silver Corp. (CVE:IPT – Get Free Report)’s share price was up 4.3% during mid-day trading on Tuesday . The company traded as high as C$0.37 and last traded at C$0.37. Approximately 653,685 shares changed hands during trading, a decline of 54% from the average daily volume of 1,425,788 shares. The stock had previously closed at C$0.35.

IMPACT Silver Stock Up 5.7%

The company has a quick ratio of 7.14, a current ratio of 4.50 and a debt-to-equity ratio of 0.21. The company’s fifty day simple moving average is C$0.26 and its 200 day simple moving average is C$0.33. The firm has a market capitalization of C$127.84 million, a PE ratio of -37.00 and a beta of 1.50.

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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