Minco Silver (TSE:MSV) Stock Crosses Below 200 Day Moving Average – Here’s What Happened

by · The Cerbat Gem

Shares of Minco Silver Co. (TSE:MSV – Get Free Report) 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 company’s 50 day simple moving average is C$0.17 and its 200 day simple moving average is C$0.19. The company has a debt-to-equity ratio of 1.78, a quick ratio of 10.51 and a current ratio of 22.30. The stock has a market cap of C$12.51 million, a PE ratio of -2.93 and a beta of 0.15.

Minco Silver (TSE:MSV – Get Free Report) last issued its quarterly earnings results on Tuesday, August 13th. The mining company reported C($0.06) EPS for the quarter. Analysts expect that Minco Silver Co. will post 0.04 earnings per share for the current year.

About Minco Silver

(Get Free Report)

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.

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