Minco Silver (TSE:MSV) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Minco Silver Co. (TSE:MSVGet Free Report)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.49 and traded as low as C$0.43. Minco Silver shares last traded at C$0.49, with a volume of 100,807 shares.

Minco Silver Stock Up 1.0%

The company has a market capitalization of C$30.20 million, a P/E ratio of 4.08 and a beta of -0.55. The company has a current ratio of 61.57, a quick ratio of 10.51 and a debt-to-equity ratio of 1.96. The stock has a 50 day moving average price of C$0.47 and a 200 day moving average price of C$0.49.

Minco Silver (TSE:MSVGet Free Report) last issued its quarterly earnings data on Friday, May 15th. The mining company reported C($0.01) earnings per share for the quarter. On average, research analysts anticipate that Minco Silver Co. will post 0.04 earnings per share for the current fiscal year.

Minco Silver Company Profile

(Get Free Report)

Minco Silver Corp is a Canadian based silver mining company. It is engaged in exploring, evaluating, and developing precious metals mineral properties and projects. The company has interest in the Fuwan Silver Project and Changkeng Gold Project.

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