Minco Silver (TSE:MSV) Stock Passes Below 200 Day Moving Average – Time to Sell?

Shares of Minco Silver Co. (TSE:MSVGet Free Report) 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 trading hands.

Minco Silver Price Performance

The firm has a 50 day simple moving average of C$0.17 and a 200-day simple moving average of C$0.19. The company has a quick ratio of 10.51, a current ratio of 22.30 and a debt-to-equity ratio of 1.78. The company has a market cap of C$11.60 million, a PE ratio of -2.71 and a beta of 0.15.

About Minco Silver

(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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