Minco Silver (TSE:MSV) Reaches New 1-Year High – Here’s Why

Minco Silver Co. (TSE:MSVGet Free Report)’s stock price hit a new 52-week high on Monday . The stock traded as high as C$0.90 and last traded at C$0.91, with a volume of 5184 shares trading hands. The stock had previously closed at C$0.90.

Minco Silver Stock Performance

The company’s 50 day moving average price is C$0.68 and its 200-day moving average price is C$0.55. The stock has a market cap of C$56.08 million, a P/E ratio of 7.58 and a beta of -0.44. The company has a debt-to-equity ratio of 1.92, a quick ratio of 10.51 and a current ratio of 66.16.

Minco Silver (TSE:MSVGet Free Report) last released its quarterly earnings results on Wednesday, August 12th. The mining company reported C($0.02) earnings per share for the quarter. Equities analysts forecast that Minco Silver Co. will post 0.04 EPS for the current fiscal 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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