Starcore International Mines (TSE:SAM) Stock Price Down 1.9% – Here’s What Happened

Starcore International Mines Ltd. (TSE:SAM)’s share price traded down 1.9% during trading on Friday . The stock traded as low as C$0.94 and last traded at C$1.05. 301,155 shares were traded during trading, an increase of 5% from the average session volume of 287,884 shares. The stock had previously closed at C$1.07.

Starcore International Mines Price Performance

The stock has a market capitalization of C$94.36 million, a P/E ratio of -30.39 and a beta of 0.62. The business has a fifty day simple moving average of C$0.73 and a 200-day simple moving average of C$0.50. The company has a debt-to-equity ratio of 1.53, a quick ratio of 3.79 and a current ratio of 2.69.

Starcore International Mines (TSE:SAM) last issued its earnings results on Friday, December 12th. The company reported C($0.01) EPS for the quarter. Starcore International Mines had a net margin of 12.07% and a return on equity of 9.74%.

About Starcore International Mines

Starcore International Mines Ltd is into the business of exploration, development, and production of minerals. It has got products in various stages The San Martin being the primary source of operating cash flows. In Mexico, the business holds an interest in the silver and gold processing plant. Some of its projects include San Martin, El Creston, and Toiyabe among others. The majority of the organization’s revenue comes from Bernal, Mexico.