Starcore International Mines Ltd. (SAM.TO) (TSE:SAM)’s stock price was down 1.6% during mid-day trading on Thursday . The company traded as low as C$0.31 and last traded at C$0.31. Approximately 25,744 shares changed hands during trading, a decline of 68% from the average daily volume of 80,740 shares. The stock had previously closed at C$0.31.
The firm has a market cap of C$15.39 million and a price-to-earnings ratio of 11.30. The stock has a 50-day moving average of C$0.28 and a 200-day moving average of C$0.24. The company has a debt-to-equity ratio of 3.31, a quick ratio of 1.49 and a current ratio of 2.15.
In other news, insider 2176423 Ontario Ltd. sold 148,500 shares of Starcore International Mines Ltd. (SAM.TO) stock in a transaction that occurred on Friday, October 23rd. The shares were sold at an average price of C$0.33, for a total value of C$49,405.95. Following the sale, the insider now directly owns 6,163,193 shares in the company, valued at C$2,050,494.31.
Starcore International Mines Ltd., a mineral resource company, explores for, develops, and produces mineral resources in Mexico. The company explores for gold and silver deposits. Its principal property is the San Martin mine that consists of 8 mining claims covering an area of 12,991 hectares located in Queretaro, Mexico.
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