Minco Silver (TSE:MSV) Stock Crosses Below 200 Day Moving Average – Time to Sell?

Minco Silver Co. (TSE:MSV) shares crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$0.19 and traded as low as C$0.16. Minco Silver shares last traded at C$0.16, with a volume of 10,000 shares trading hands.

Minco Silver Price Performance

The firm has a market cap of C$9.46 million, a P/E ratio of -2.21 and a beta of 0.15. The stock’s 50-day moving average is C$0.17 and its 200-day moving average is C$0.19. The company has a quick ratio of 10.51, a current ratio of 22.30 and a debt-to-equity ratio of 1.78.

Minco Silver (TSE:MSV) last posted its quarterly earnings data on Tuesday, August 13th. The mining company reported C($0.06) earnings per share (EPS) for the quarter. As a group, equities analysts anticipate that Minco Silver Co. will post 0.04 EPS for the current fiscal year.

Minco Silver Company Profile

Minco Silver Corporation engages in the exploration, evaluation, and development of precious metal and other mineral properties and projects. The company explores for silver, gold, lead, and zinc deposits. It holds interests in the Fuwan silver project 3 exploration permits totaling 125.74 km2; and the Changkeng gold project covering an exploration area of 1.19 km2 located to the southwest of Guangzhou City, China.