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MSV.CA Crosses Below Key Price/Book Valuation Level

By Canada Stock Channel Staff, Tuesday, February 12, 12:50 PM ET
Play Video: The Importance of Book Value

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In trading on Tuesday, shares of Minco Silver Corp (TSE:MSV.CA) crossed below their last reported book value defined as common shareholder equity per share of $1.49, changing hands as low as $1.48 per share. Minco Silver Corp shares are currently trading off about 8% on the day. The chart below shows the one year performance of MSV.CA shares, versus its 50 and 200 day moving averages:

Minco Silver Corp Moving Averages Chart

Looking at the chart above, MSV.CA's low point in its 52 week range is $1.26 per share, with $2.98 as the 52 week high point that compares with a last trade of $1.50.

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