Starcore International Mines (TSE:SAM) Posts Earnings Results

Starcore International Mines (TSE:SAM) released its quarterly earnings results on Monday. The company reported C$0.03 earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of C$10.50 million during the quarter. Starcore International Mines had a return on equity of 18.91% and a net margin of 20.66%.

Starcore International Mines Stock Performance

SAM stock traded down C$0.01 during midday trading on Monday, hitting C$0.46. The company’s stock had a trading volume of 13,609 shares, compared to its average volume of 298,231. The stock’s 50-day moving average price is C$0.48 and its 200 day moving average price is C$0.63. The company has a quick ratio of 3.79, a current ratio of 2.20 and a debt-to-equity ratio of 0.87. The stock has a market cap of C$43.85 million, a price-to-earnings ratio of 5.69 and a beta of 0.08. Starcore International Mines has a 1 year low of C$0.32 and a 1 year high of C$1.51.

About Starcore International Mines

Starcore International Mines is engaged in precious metals production with focus and experience in Mexico. The Company’s base of producing assets includes its gold producing San Martin Mine and the La Tortilla silver mine, both in the state of Queretaro, Mexico. The Company is a leader in Corporate Social Responsibility and advocates value driven decisions that will increase long term shareholder value.