Starcore International Mines (TSE:SAM) Stock Price Down 15.2% – Here’s Why

Starcore International Mines Ltd. (TSE:SAMGet Free Report)’s share price traded down 15.2% during trading on Tuesday . The company traded as low as C$0.28 and last traded at C$0.28. 35,555 shares were traded during mid-day trading, a decline of 23% from the average session volume of 46,031 shares. The stock had previously closed at C$0.33.

Starcore International Mines Trading Down 12.1%

The firm has a market capitalization of C$19.39 million, a PE ratio of 5.60 and a beta of 0.38. 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 company’s 50-day simple moving average is C$0.32 and its 200 day simple moving average is C$0.25.

Starcore International Mines Company Profile

(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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