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IMPACT Silver (CVE:IPT) Trading Down 3.8% - Here's Why

IMPACT Silver logo with Basic Materials background

Shares of IMPACT Silver Corp. (CVE:IPT - Get Free Report) were down 3.8% on Friday . The stock traded as low as C$0.25 and last traded at C$0.25. Approximately 242,191 shares changed hands during trading, a decline of 21% from the average daily volume of 306,205 shares. The stock had previously closed at C$0.26.

IMPACT Silver Stock Performance

The company has a market capitalization of C$61.86 million, a price-to-earnings ratio of -6.25 and a beta of 1.93. The company has a debt-to-equity ratio of 0.27, a quick ratio of 7.14 and a current ratio of 2.23. The company's fifty day simple moving average is C$0.24 and its two-hundred day simple moving average is C$0.25.

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

About IMPACT Silver

(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.

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