IMPACT Silver (CVE:IPT) Trading Down 2.2% - Should You Sell?

Shares of IMPACT Silver Corp. (CVE:IPT - Get Free Report) dropped 2.2% during mid-day trading on Monday . The company traded as low as C$0.23 and last traded at C$0.23. Approximately 280,185 shares changed hands during mid-day trading, a decline of 7% from the average daily volume of 301,975 shares. The stock had previously closed at C$0.23.

IMPACT Silver Price Performance

The company has a current ratio of 2.23, a quick ratio of 7.14 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of C$55.67 million, a price-to-earnings ratio of -5.63 and a beta of 1.93. The company's 50 day moving average is C$0.25 and its 200-day moving average is C$0.24.

IMPACT Silver Company Profile

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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