Minco Silver (TSE:MSV) Shares Pass Below Two Hundred Day Moving Average – Time to Sell?

Minco Silver Co. (TSE:MSV) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.18 and traded as low as C$0.18. Minco Silver shares last traded at C$0.18, with a volume of 4,500 shares changing hands.

Minco Silver Trading Down 2.7 %

The company has a quick ratio of 10.51, a current ratio of 22.30 and a debt-to-equity ratio of 1.78. The stock’s 50 day moving average is C$0.19 and its 200-day moving average is C$0.18. The company has a market cap of C$10.99 million, a PE ratio of -2.57 and a beta of 0.15.

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.