IMPACT Silver (CVE:IPT) Trading Down 3.8% – What’s Next?

IMPACT Silver Corp. (CVE:IPT)’s stock price dropped 3.8% on Friday . The company traded as low as C$0.25 and last traded at C$0.25. Approximately 242,191 shares were traded during mid-day trading, a decline of 21% from the average daily volume of 306,205 shares. The stock had previously closed at C$0.26.

IMPACT Silver Trading Down 3.8 %

The stock has a 50 day simple moving average of C$0.24 and a 200-day simple moving average of C$0.25. The firm has a market capitalization of C$61.86 million, a P/E ratio of -6.25 and a beta of 1.93. The company has a current ratio of 2.23, a quick ratio of 7.14 and a debt-to-equity ratio of 0.27.

IMPACT Silver (CVE:IPT) last announced its quarterly earnings data on Tuesday, August 20th. The company reported C($0.01) earnings per share (EPS) for the quarter. The company had revenue of C$7.72 million for the quarter. IMPACT Silver had a negative net margin of 52.33% and a negative return on equity of 16.05%. On average, equities research analysts forecast that IMPACT Silver Corp. will post 0.02 EPS for the current fiscal year.

About IMPACT Silver

IMPACT Silver Corp. engages in the exploration, development, and mineral processing activities in Mexico. The company produces silver, lead, zinc, and gold deposits. It owns interest in the Royal Mines of Zacualpan and the Capire Mineral District together covering an area of approximately 211 square kilometers located in central Mexico.