Minco Silver (TSE:MSV) Stock Passes Below Two Hundred Day Moving Average of $0.19

Minco Silver Co. (TSE:MSV)’s stock price passed below its two hundred day moving average during trading on Wednesday . 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 11,500 shares traded.

Minco Silver Price Performance

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 price is C$0.18 and its 200 day moving average price is C$0.19. The firm has a market cap of C$9.76 million, a price-to-earnings ratio of -2.29 and a beta of 0.15.

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