Minco Silver (TSE:MSV) Stock Passes Above 200 Day Moving Average – Here’s Why

Minco Silver Co. (TSE:MSVGet Free Report)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.51 and traded as high as C$0.89. Minco Silver shares last traded at C$0.88, with a volume of 100,353 shares changing hands.

Minco Silver Trading Up 10.0%

The firm’s 50-day moving average is C$0.53 and its 200 day moving average is C$0.51. The company has a current ratio of 61.57, a quick ratio of 10.51 and a debt-to-equity ratio of 1.96. The firm has a market capitalization of C$54.23 million, a price-to-earnings ratio of 7.33 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) earnings per share for the quarter. On average, equities analysts predict that Minco Silver Co. will post 0.04 earnings per share for the current fiscal year.

About Minco Silver

(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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