Starcore International Mines (TSE:SAM) Stock Crosses Below Fifty Day Moving Average – What’s Next?

Shares of Starcore International Mines Ltd. (TSE:SAMGet Free Report) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$0.14 and traded as low as C$0.14. Starcore International Mines shares last traded at C$0.14, with a volume of 20,000 shares.

Starcore International Mines Stock Performance

The firm has a fifty day moving average of C$0.14 and a 200-day moving average of C$0.13. The company has a quick ratio of 3.79, a current ratio of 2.69 and a debt-to-equity ratio of 1.53. The firm has a market cap of C$10.57 million, a P/E ratio of -4.67 and a beta of 0.38.

About Starcore International Mines

(Get Free Report)

Starcore International Mines Ltd., a mineral resource company, engages in exploring, extracting, and processing mineral resources in Mexico. The company, through its subsidiary, Compañia Minera Peña de Bernal, SA de C.V., explores for gold and silver deposits. Its principal property is the San Martin mine consists of 8 mining claims that covers an area of 12,991.78 hectares located in Queretaro, Mexico.

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