Minco Silver (TSE:MSV) Stock Price Crosses Below 200-Day Moving Average – Here’s What Happened

Shares of Minco Silver Co. (TSE:MSV) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.18 and traded as low as C$0.18. Minco Silver shares last traded at C$0.18, with a volume of 4,500 shares trading hands.

Minco Silver Stock Down 2.7 %

The business’s 50-day moving average is C$0.19 and its 200-day moving average is C$0.18. The company has a market capitalization of C$10.99 million, a price-to-earnings ratio of -2.57 and a beta of 0.15. The company has a quick ratio of 10.51, a current ratio of 22.30 and a debt-to-equity ratio of 1.78.

Minco Silver Company Profile

Minco Silver Corporation engages in the exploration, evaluation, and development of precious metal and other mineral properties and projects. The company explores for silver, gold, lead, and zinc deposits. It holds interests in the Fuwan silver project 3 exploration permits totaling 125.74 km2; and the Changkeng gold project covering an exploration area of 1.19 km2 located to the southwest of Guangzhou City, China.