Minco Silver (TSE:MSV) Sets New 52-Week High – Time to Buy?

Minco Silver Co. (TSE:MSV) hit a new 52-week high on Monday . The company traded as high as C$0.40 and last traded at C$0.40, with a volume of 152205 shares. The stock had previously closed at C$0.37.

Minco Silver Stock Performance

The company’s 50-day moving average is C$0.34 and its two-hundred day moving average is C$0.32. The company has a market cap of C$41.29 million, a P/E ratio of 4.79 and a beta of -0.54. The company has a quick ratio of 10.51, a current ratio of 22.66 and a debt-to-equity ratio of 1.40.

Minco Silver (TSE:MSV) last issued its quarterly earnings results on Friday, November 14th. The mining company reported C$0.06 earnings per share (EPS) for the quarter. Equities analysts predict that Minco Silver Co. will post 0.04 EPS for the current 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.