IMPACT Silver (CVE:IPT) Trading Up 2.3% – Here’s Why

IMPACT Silver Corp. (CVE:IPTGet Free Report)’s share price shot up 2.3% during mid-day trading on Thursday . The company traded as high as C$0.23 and last traded at C$0.22. 230,219 shares were traded during mid-day trading, an increase of 40% from the average session volume of 164,933 shares. The stock had previously closed at C$0.22.

IMPACT Silver Price Performance

The company has a quick ratio of 7.14, a current ratio of 2.23 and a debt-to-equity ratio of 0.27. The company’s 50 day moving average is C$0.22 and its 200 day moving average is C$0.23. The firm has a market capitalization of C$54.43 million, a price-to-earnings ratio of -5.50 and a beta of 1.93.

About IMPACT Silver

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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.

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