IMPACT Silver (CVE:IPT) Trading Up 4.5% – Here’s What Happened

IMPACT Silver Corp. (CVE:IPTGet Free Report) was up 4.5% during mid-day trading on Tuesday . The stock traded as high as C$0.35 and last traded at C$0.35. Approximately 586,947 shares changed hands during trading, a decline of 58% from the average daily volume of 1,392,198 shares. The stock had previously closed at C$0.33.

IMPACT Silver Price Performance

The firm’s 50-day moving average is C$0.29 and its 200-day moving average is C$0.34. The company has a debt-to-equity ratio of 0.21, a current ratio of 4.50 and a quick ratio of 7.14. The company has a market capitalization of C$119.20 million, a P/E ratio of -34.50 and a beta of 1.44.

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. 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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