Starcore International Mines (TSE:SAM) Stock Crosses Above Fifty Day Moving Average – Time to Sell?

Starcore International Mines Ltd. (TSE:SAM) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$0.13 and traded as high as C$0.13. Starcore International Mines shares last traded at C$0.13, with a volume of 500 shares trading hands.

Starcore International Mines Trading Up 8.3 %

The firm has a market capitalization of C$9.82 million, a P/E ratio of -4.33 and a beta of 0.38. The stock has a 50-day simple moving average of C$0.13 and a two-hundred day simple moving average of C$0.13. The company has a current ratio of 2.69, a quick ratio of 3.79 and a debt-to-equity ratio of 1.53.

Starcore International Mines Company Profile

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.