Minco Silver (TSE:MSV) Shares Up 10.5% – Here’s Why

Shares of Minco Silver Co. (TSE:MSVGet Free Report) shot up 10.5% on Thursday . The stock traded as high as C$0.21 and last traded at C$0.21. 103,000 shares were traded during mid-day trading, an increase of 457% from the average session volume of 18,488 shares. The stock had previously closed at C$0.19.

Minco Silver Price Performance

The stock has a market cap of C$13.43 million, a PE ratio of -36.15 and a beta of 0.15. The firm’s fifty day moving average price is C$0.19 and its 200 day moving average price is C$0.18. The company has a quick ratio of 10.51, a current ratio of 22.66 and a debt-to-equity ratio of 1.40.

About Minco Silver

(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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