Minco Silver (TSE:MSV) Share Price Crosses Below 200-Day Moving Average – What’s Next?

Shares of Minco Silver Co. (TSE:MSV) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.19 and traded as low as C$0.18. Minco Silver shares last traded at C$0.19, with a volume of 44,500 shares.

Minco Silver Stock Performance

The stock has a 50 day moving average price of C$0.17 and a two-hundred day moving average price of C$0.19. The company has a debt-to-equity ratio of 1.78, a current ratio of 22.30 and a quick ratio of 10.51. The company has a market capitalization of C$11.60 million, a price-to-earnings ratio of -2.64 and a beta of 0.15.

Minco Silver (TSE:MSV) last issued its quarterly earnings data on Tuesday, August 13th. The mining company reported C($0.06) EPS for the quarter. On average, analysts predict that Minco Silver Co. will post 0.04 EPS for the current fiscal year.

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.