Silver Spruce Resources (CVE:SSE) Stock Price Up 100% – Should You Buy?

Silver Spruce Resources Inc. (CVE:SSEGet Free Report)’s stock price traded up 100% during trading on Monday . The stock traded as high as C$0.01 and last traded at C$0.01. 223,271 shares traded hands during trading, a decline of 35% from the average session volume of 343,337 shares. The stock had previously closed at C$0.01.

Silver Spruce Resources Trading Up 100.0%

The business has a fifty day moving average price of C$0.01 and a 200 day moving average price of C$0.01. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.17 and a current ratio of 0.61. The company has a market capitalization of C$3.23 million, a PE ratio of -1.00 and a beta of 1.34.

About Silver Spruce Resources

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Silver Spruce Resources Inc, an exploration stage company, engages in the exploration of precious and base minerals. The company primarily explores for silver, lead, zinc, copper, gold, and base and rare earth elements. It holds 100% interest in the Pino de Plata project comprising four concessions covering an area of 397 hectors, located in the prolific Sierra Madre Occidental region of Western Chihuahua State in Mexico; and the Melchett Lake property covering an area of 4,698 hectares located within the English River Sub-province of the Archean-age Superior Province.

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