Minco Silver (TSE:MSV) Stock Breaks Above 200-Day Moving Average – Time to Sell?

Minco Silver Co. (TSE:MSV)’s stock price crossed above its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of C$0.57 and traded as high as C$0.63. Minco Silver shares last traded at C$0.59, with a volume of 101,403 shares.

Minco Silver Stock Up 13.5%

The company has a quick ratio of 10.51, a current ratio of 66.16 and a debt-to-equity ratio of 1.92. The stock has a market capitalization of C$36.36 million, a PE ratio of 11.80 and a beta of -1.17. The company’s fifty day moving average price is C$0.58 and its 200-day moving average price is C$0.57.

Minco Silver (TSE:MSV) last announced its quarterly earnings results on Wednesday, August 12th. The mining company reported C($0.02) earnings per share (EPS) for the quarter. Analysts forecast that Minco Silver Co. will post 0.04 earnings per share for the current year.

About Minco Silver

Minco Silver Corporation (TSX: MSV; OTCQX: MISVF; WKN: A0ESX5) is a Canadian public company focused on the exploration and development of high-potential mineral resource projects. The Company’s flagship assets include the Fuwan Silver Project and the Changkeng Gold Project, both located approximately 45 kilometres southwest of Guangzhou City, China. Minco Silver continues to evaluate and pursue new acquisition opportunities to enhance long-term shareholder value.