Minco Silver (TSE:MSV) Shares Up 11.4% – Should You Buy?

Minco Silver Co. (TSE:MSVGet Free Report) shares were up 11.4% on Monday . The company traded as high as C$0.90 and last traded at C$0.88. 151,570 shares were traded during mid-day trading, an increase of 157% from the average session volume of 59,036 shares. The stock had previously closed at C$0.79.

Minco Silver Trading Up 12.7%

The company has a debt-to-equity ratio of 1.96, a quick ratio of 10.51 and a current ratio of 61.57. The company’s 50-day moving average price is C$0.54 and its 200-day moving average price is C$0.51. The firm has a market capitalization of C$54.85 million, a PE ratio of 7.42 and a beta of -0.53.

Minco Silver (TSE:MSVGet Free Report) last posted its earnings results on Friday, May 15th. The mining company reported C($0.01) EPS for the quarter. On average, sell-side analysts expect that Minco Silver Co. will post 0.04 earnings per share for the current year.

Minco Silver Company Profile

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Minco Silver Corp is a Canadian based silver mining company. It is engaged in exploring, evaluating, and developing precious metals mineral properties and projects. The company has interest in the Fuwan Silver Project and Changkeng Gold Project.

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