Minco Silver (TSE:MSV) Sets New 12-Month High – Time to Buy?

Minco Silver Co. (TSE:MSVGet Free Report) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as C$0.91 and last traded at C$0.84, with a volume of 49203 shares traded. The stock had previously closed at C$0.83.

Minco Silver Trading Up 1.2%

The stock’s fifty day simple moving average is C$0.60 and its 200-day simple moving average is C$0.53. The company has a debt-to-equity ratio of 1.96, a current ratio of 61.57 and a quick ratio of 10.51. The firm has a market cap of C$51.77 million, a PE ratio of 7.00 and a beta of -0.44.

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

Minco Silver Company Profile

(Get Free Report)

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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