Starcore International Mines (TSE:SAM) Stock Price Passes Below 50-Day Moving Average – Should You 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 trading hands.

Starcore International Mines Stock Performance

The company has a debt-to-equity ratio of 1.53, a current ratio of 2.69 and a quick ratio of 3.79. The stock has a market cap of C$10.57 million, a price-to-earnings ratio of -4.67 and a beta of 0.38. The company’s fifty day moving average price is C$0.14 and its 200-day moving average price is C$0.13.

About Starcore International Mines

(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.

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