Minco Silver (TSE:MSV) Shares Up 10.5% – Here’s Why

Minco Silver Co. (TSE:MSVGet Free Report) shares shot up 10.5% during mid-day trading on Thursday . The company traded as high as C$0.21 and last traded at C$0.21. 103,000 shares changed hands during trading, an increase of 457% from the average session volume of 18,488 shares. The stock had previously closed at C$0.19.

Minco Silver Price Performance

The company has a debt-to-equity ratio of 1.40, a quick ratio of 10.51 and a current ratio of 22.66. The company has a market capitalization of C$12.82 million, a price-to-earnings ratio of -34.51 and a beta of 0.15. The company has a 50-day moving average price of C$0.19 and a 200-day moving average price of C$0.18.

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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