Silver Bull Resources (TSE:SVB) Trading Down 3.8% – What’s Next?

Silver Bull Resources, Inc. (TSE:SVBGet Free Report) was down 3.8% during trading on Friday . The company traded as low as C$0.13 and last traded at C$0.13. Approximately 64,013 shares traded hands during mid-day trading, an increase of 106% from the average daily volume of 31,005 shares. The stock had previously closed at C$0.13.

Silver Bull Resources Trading Down 3.8 %

The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.94 and a current ratio of 2.04. The stock has a market capitalization of C$5.92 million, a price-to-earnings ratio of -12.50 and a beta of 0.74. The business has a fifty day simple moving average of C$0.13 and a 200 day simple moving average of C$0.14.

About Silver Bull Resources

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Silver Bull Resources, Inc, an exploration stage company, acquires, explores, and develops mineral properties in Mexico, Kazakhstan, and Canada. The company primarily explores for silver, lead, copper, and zinc deposits, as well as gold. Its principal project is the Sierra Mojada property comprising 20 concessions covering an area of 6,496 hectares located in Coahuila, Mexico.

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