Minco Silver (TSE:MSV) Stock Price Passes Below 200-Day Moving Average – Should You Sell?

Shares of Minco Silver Co. (TSE:MSV) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$0.19 and traded as low as C$0.18. Minco Silver shares last traded at C$0.18, with a volume of 41,000 shares traded.

Minco Silver Stock Performance

The firm has a 50 day moving average of C$0.17 and a two-hundred day moving average of C$0.19. The stock has a market cap of C$10.99 million, a PE ratio of -2.57 and a beta of 0.15. The company has a debt-to-equity ratio of 1.78, a current ratio of 22.30 and a quick ratio of 10.51.

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

About Minco Silver

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.