Could IMPACT Silver Corp Change Direction After Today’s Huge Decline?


The stock of IMPACT Silver Corp (CVE:IPT) is a huge mover today! The stock decreased 8.70% or $0.08 on September 13, hitting $0.84. About 100,592 shares traded hands. IMPACT Silver Corp (CVE:IPT) has risen 6.00% since August 14, 2016 and is uptrending. It has underperformed by 10.49% the S&P500.
The move comes after 9 months negative chart setup for the $81.64M company. It was reported on Sep, 13 by We have $0.73 PT which if reached, will make CVE:IPT worth $10.61 million less.

IMPACT Silver Corp. is a Canada-based silver producer. The company has a market cap of $81.64 million. The Company, through its subsidiaries, is engaged in silver mining and related activities, including exploration, development and mineral processing in Mexico. It currently has negative earnings. The Company’s divisions include Mexico, including the Company’s mining activities and exploration properties; Canada, including head office and group services, and Caribbean, including exploration properties held in the Dominican Republic.

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