Starcore International Mines (TSE:SAM) Trading 7.7% Higher – Time to Buy?

Starcore International Mines Ltd. (TSE:SAMGet Free Report) rose 7.7% during mid-day trading on Thursday . The company traded as high as C$0.14 and last traded at C$0.14. Approximately 500 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 36,071 shares. The stock had previously closed at C$0.13.

Starcore International Mines Price Performance

The company has a quick ratio of 3.79, a current ratio of 2.69 and a debt-to-equity ratio of 1.53. The company has a market capitalization of C$10.57 million, a price-to-earnings ratio of -4.67 and a beta of 0.38. The business has a 50-day moving average price of C$0.15 and a 200-day moving average price of C$0.14.

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.

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