Starcore International Mines (TSE:SAM) Share Price Crosses Below Fifty Day Moving Average of $0.13

Starcore International Mines Ltd. (TSE:SAM)’s share price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.13 and traded as low as C$0.12. Starcore International Mines shares last traded at C$0.12, with a volume of 53,500 shares changing hands.

Starcore International Mines Stock Performance

The company has a debt-to-equity ratio of 2.40, a current ratio of 2.32 and a quick ratio of 3.79. The company has a fifty day moving average price of C$0.13 and a 200 day moving average price of C$0.11. The stock has a market cap of C$8.66 million, a P/E ratio of -4.00 and a beta of 0.50.

About Starcore International Mines

Starcore International Mines Ltd., a mineral resource company, engages in exploring, extracting, and processing mineral resources in Mexico. The company, through its subsidiary, Compañia Minera Peña de Bernal, SA de C.V., explores for gold and silver deposits. Its principal property is the San Martin mine consists of 8 mining claims that covers an area of 12,991.78 hectares located in Queretaro, Mexico.