Starcore International Mines (TSE:SAM) Stock Price Up 28.6% – Time to Buy?

Starcore International Mines Ltd. (TSE:SAMGet Free Report) shares rose 28.6% during trading on Tuesday . The company traded as high as C$0.18 and last traded at C$0.18. Approximately 228,000 shares were traded during mid-day trading, an increase of 531% from the average daily volume of 36,124 shares. The stock had previously closed at C$0.14.

Starcore International Mines Price Performance

The company has a current ratio of 2.69, a quick ratio of 3.79 and a debt-to-equity ratio of 1.53. The company has a market cap of C$13.04 million, a PE ratio of 3.77 and a beta of 0.38. The firm has a 50 day moving average of C$0.14 and a two-hundred day moving average of C$0.14.

About Starcore International Mines

(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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