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Last C$0.20 CAD
Change Today -0.025 / -11.36%
Volume 94.5K
IPT On Other Exchanges
As of 3:01 PM 03/6/15 All times are local (Market data is delayed by at least 15 minutes).

impact silver corp (IPT) Snapshot

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52 Week High
03/12/14 - C$0.86
52 Week Low
03/6/15 - C$0.20
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Current Stock Chart for IMPACT SILVER CORP (IPT)

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impact silver corp (IPT) Details

IMPACT Silver Corp. is engaged in the exploration, development, and mining of silver properties in Mexico and the Dominican Republic. The company also produces lead, zinc, and gold, as well as explores for precious metals and other mineral resources. It primarily owns controlling interests in the 423 square kilometer Royal Mines of Zacualpan Silver District and the 200 square kilometer Capire-Mamatla Mineral District. The company is headquartered in Vancouver, Canada.

impact silver corp (IPT) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$164.0K
Chief Financial Officer
Total Annual Compensation: --
Vice President of Exploration and Director
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

impact silver corp (IPT) Key Developments

IMPACT Silver Corp. Announces Unaudited Consolidated Financial Results for the Third Quarter Ended September 30, 2014; Reports Production Results for the Third Quarter Ended September 30, 2014

IMPACT Silver Corp. announced unaudited consolidated financial results for the third quarter ended September 30, 2014. Revenues for the third quarter were $3.4 million, an approximately 32% increase from $2.6 million in the second quarter, resulting primarily from an increase in production and grade. Net loss of $0.6 million for the quarter, of which non-cash items included $0.6 million in depreciation and amortization and $0.02 million in share based payments (stock option grants). Mine operating earnings before amortization and depreciation of $0.5 million compared to $0.4 million in earnings in third quarter of 2013. Capital expenditures during the quarter included mineral property expenditures of $0.5 million which reduced cash to $1.0 million. The company reported production results for the third quarter ended September 30, 2014. Silver production increased to 210,513 ounces for the third quarter of 2014, up 19% from 177,366 ounces in the same period of 2013, and up 38% from the second quarter of 2014. Average mill feed grade for silver in the third quarter of 2014 increased to 179 grams per tonne (g/t) compared to 171 g/t in the third quarter of 2013, and from 142 g/t in the second quarter of 2014. Total tonnes milled during the third quarter of 2014 increased 8% to 41,673 from 38,520 in the third quarter of 2013. The Cuchara-Oscar Mine was put into production in February 2013. During 2013, the mine contributed 23% of the total mill feed; by third quarter of 2014 it provided 53%. The higher grade Mirasol Mine was put into production in July 2014 and accounted for 4% of third quarter production. The company experienced a positive trend in operations as tonnes processed in the third quarter of 2014 increased to 41,673, compared to 39,015 for the second quarter 2014. This increase has been a result of additional feed from the company's principal producer, the Cuchara-Oscar Mine, as well as strong contributions from the La Gallega, and San Ramon Mines. During the quarter the Mirasol Mine was also brought into production. With production materials being drawn from several mines with different feed grades, mine production can vary from quarter to quarter.

IMPACT Silver Corp., Q3 2014 Pre Recorded Earnings Call, Nov 26, 2014

IMPACT Silver Corp., Q3 2014 Pre Recorded Earnings Call, Nov 26, 2014

IMPACT Silver Mulls Acquisitions

IMPACT Silver Corp. (TSXV:IPT) is looking for acquisitions. IMPACT Silver Corp. stated, "While we remain focused on efficient operations, if the price for silver remains at current levels the Company will be looking at opportunities to improve its balance sheet and to fund future development through possible financing and/or acquisition or merger."


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