IMPACT Silver (CVE:IPT) Shares Down 3.9% - Here's What Happened

IMPACT Silver Corp. (CVE:IPT - Get Free Report)'s share price dropped 3.9% during trading on Friday . The company traded as low as C$0.25 and last traded at C$0.25. Approximately 105,500 shares changed hands during trading, a decline of 63% from the average daily volume of 284,387 shares. The stock had previously closed at C$0.26.

IMPACT Silver Stock Down 7.8 %

The firm has a market capitalization of C$58.15 million, a P/E ratio of -6.13 and a beta of 1.91. The stock has a fifty day moving average of C$0.23 and a 200 day moving average of C$0.25. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.23 and a quick ratio of 7.14.

IMPACT Silver (CVE:IPT - Get Free Report) last issued its earnings results on Tuesday, August 20th. The company reported C($0.01) earnings per share (EPS) for the quarter. The firm had revenue of C$7.72 million during the quarter. IMPACT Silver had a negative net margin of 52.33% and a negative return on equity of 16.05%. On average, research analysts anticipate that IMPACT Silver Corp. will post 0.02 EPS for the current fiscal year.

About IMPACT Silver

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.