Minco Silver (TSE:MSV) Share Price Passes Below 200 Day Moving Average – Here’s Why

Minco Silver Co. (TSE:MSVGet Free Report)’s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred 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 traded.

Minco Silver Trading Up 5.6 %

The company has a 50 day moving average of C$0.19 and a two-hundred day moving average of C$0.18. The stock has a market capitalization of C$11.60 million, a PE ratio of -2.71 and a beta of 0.15. The company has a debt-to-equity ratio of 1.78, a quick ratio of 10.51 and a current ratio of 22.30.

Minco Silver Company Profile

(Get Free Report)

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.

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