Minco Silver (TSE:MSV) Stock Breaks Above 200-Day Moving Average – Time to Sell?

Minco Silver Co. (TSE:MSV – Get Free Report) crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of C$0.57 and traded as high as C$0.63. Minco Silver shares last traded at C$0.59, with a volume of 101,403 shares trading hands.

Minco Silver Price Performance

The stock has a market capitalization of C$36.36 million, a PE ratio of 11.80 and a beta of -1.17. The firm’s 50 day simple moving average is C$0.58 and its 200 day simple moving average is C$0.57. The company has a debt-to-equity ratio of 1.92, a current ratio of 66.16 and a quick ratio of 10.51.

Minco Silver (TSE:MSV – Get Free Report) last released its earnings results on Wednesday, August 12th. The mining company reported C($0.02) earnings per share for the quarter. As a group, equities analysts forecast that Minco Silver Co. will post 0.04 EPS for the current fiscal year.

About Minco Silver

(Get Free Report)

Minco Silver Corporation (TSX: MSV; OTCQX: MISVF; WKN: A0ESX5) is a Canadian public company focused on the exploration and development of high-potential mineral resource projects. The Company’s flagship assets include the Fuwan Silver Project and the Changkeng Gold Project, both located approximately 45 kilometres southwest of Guangzhou City, China. Minco Silver continues to evaluate and pursue new acquisition opportunities to enhance long-term shareholder value.

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