Starcore International Mines (TSE:SAM) Trading Up 8.3%

Starcore International Mines Ltd. (TSE:SAM) shares were up 8.3% on Wednesday . The stock traded as high as C$0.13 and last traded at C$0.13, approximately 13,500 shares were traded during mid-day trading. A decline of 59% from the average daily volume of 33,310 shares. The stock had previously closed at C$0.12.

The stock has a market cap of $5.96 million and a P/E ratio of -0.54. The company has a debt-to-equity ratio of 11.75, a current ratio of 1.53 and a quick ratio of 1.15. The stock’s 50 day moving average is C$0.11.

Starcore International Mines Company Profile (TSE:SAM)

Starcore International Mines Ltd., a mineral resource company, explores for, develops, and produces mineral resources in Mexico. The company explores for gold, silver, molybdenum, and copper deposits. Its principal property is the San Martin mine that consists of 8 mining claims covering an area of 15,316 hectares located in Queretaro, Mexico.

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