Minco Silver (TSE:MSV) Trading Up 11.4% – Should You Buy?

Minco Silver Co. (TSE:MSVGet Free Report) traded up 11.4% during mid-day trading on Monday . The stock traded as high as C$0.90 and last traded at C$0.88. Approximately 151,570 shares were traded during mid-day trading, an increase of 157% from the average daily volume of 59,036 shares. The stock had previously closed at C$0.79.

Minco Silver Stock Performance

The stock has a market capitalization of C$54.85 million, a PE ratio of 7.42 and a beta of -0.53. The company has a quick ratio of 10.51, a current ratio of 61.57 and a debt-to-equity ratio of 1.96. The stock has a fifty day moving average of C$0.54 and a 200-day moving average of C$0.51.

Minco Silver (TSE:MSVGet Free Report) last issued its quarterly earnings results on Friday, May 15th. The mining company reported C($0.01) earnings per share for the quarter. Equities analysts anticipate that Minco Silver Co. will post 0.04 earnings per share for the current fiscal year.

Minco Silver Company Profile

(Get Free Report)

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.

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