IMPACT Silver (CVE:IPT) Stock Price Up 14.6% – Here’s Why

IMPACT Silver Corp. (CVE:IPT)’s stock price rose 14.6% during mid-day trading on Wednesday . The stock traded as high as C$0.28 and last traded at C$0.28. Approximately 387,475 shares changed hands during trading, a decline of 74% from the average daily volume of 1,513,369 shares. The stock had previously closed at C$0.24.

IMPACT Silver Price Performance

The company has a debt-to-equity ratio of 0.32, a current ratio of 5.55 and a quick ratio of 7.14. The firm has a 50-day moving average of C$0.27 and a 200-day moving average of C$0.33. The stock has a market cap of C$105.38 million, a PE ratio of -7.63 and a beta of 1.50.

About IMPACT Silver

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. The company also owns the Plomosas zinc-lead-silver mine located in Chihuahua, Northern Mexico. In addition, it operates the Guadalupe, Veta Negra, San Ramon, Cuchara, and Alacran gold-silver mines.