Minco Silver (TSE:MSV) Shares Pass Above 200-Day Moving Average – Should You Sell?

Minco Silver Co. (TSE:MSVGet Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.18 and traded as high as C$0.18. Minco Silver shares last traded at C$0.18, with a volume of 4,000 shares trading hands.

Minco Silver Trading Down 7.7 %

The stock has a fifty day simple moving average of C$0.18 and a 200 day simple moving average of C$0.18. The company has a debt-to-equity ratio of 1.78, a quick ratio of 10.51 and a current ratio of 22.30. The firm has a market cap of C$10.99 million, a P/E ratio of -2.57 and a beta of 0.15.

Minco Silver Company Profile

(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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