Starcore International Mines (TSE:SAM) Stock Price Passes Below 50-Day Moving Average – Time to Sell?

Starcore International Mines Ltd. (TSE:SAMGet Free Report)’s share price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$0.14 and traded as low as C$0.14. Starcore International Mines shares last traded at C$0.15, with a volume of 10,500 shares traded.

Starcore International Mines Price Performance

The company has a current ratio of 2.69, a quick ratio of 3.79 and a debt-to-equity ratio of 1.53. The stock has a market cap of C$10.95 million, a price-to-earnings ratio of -4.83 and a beta of 0.38. The stock has a 50-day moving average price of C$0.14 and a two-hundred day moving average price of C$0.13.

Starcore International Mines Company Profile

(Get Free Report)

Starcore International Mines Ltd., a mineral resource company, engages in exploring, extracting, and processing mineral resources in Mexico. The company, through its subsidiary, Compañia Minera Peña de Bernal, SA de C.V., explores for gold and silver deposits. Its principal property is the San Martin mine consists of 8 mining claims that covers an area of 12,991.78 hectares located in Queretaro, Mexico.

Further Reading

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