Minco Silver (TSE:MSV) Shares Down 5% – Should You Sell?

Minco Silver Co. (TSE:MSVGet Free Report) shares were down 5% during mid-day trading on Monday . The company traded as low as C$0.18 and last traded at C$0.19. Approximately 27,000 shares traded hands during mid-day trading, an increase of 8% from the average daily volume of 25,082 shares. The stock had previously closed at C$0.20.

Minco Silver Price Performance

The stock has a fifty day moving average of C$0.18 and a 200-day moving average of C$0.18. The company has a quick ratio of 10.51, a current ratio of 22.30 and a debt-to-equity ratio of 1.78. The stock has a market capitalization of C$11.60 million, a price-to-earnings ratio of -2.71 and a beta of 0.15.

About Minco Silver

(Get Free Report)

Minco Silver Corporation engages in the exploration, evaluation, and development of precious metal and other mineral properties and projects. The company explores for silver, gold, lead, and zinc deposits. It holds interests in the Fuwan silver project 3 exploration permits totaling 125.74 km2; and the Changkeng gold project covering an exploration area of 1.19 km2 located to the southwest of Guangzhou City, China.

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