Silver Spruce Resources (CVE:SSE) Shares Up 100% – Here’s What Happened

Shares of Silver Spruce Resources Inc. (CVE:SSE) shot up 100% during trading on Tuesday . The company traded as high as C$0.01 and last traded at C$0.01. 223,271 shares were traded during mid-day 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 company has a current ratio of 0.61, a quick ratio of 1.17 and a debt-to-equity ratio of 0.88. The company has a market capitalization of C$3.23 million, a P/E ratio of -1.00 and a beta of 1.34. The business has a 50 day moving average price of C$0.01 and a 200 day moving average price of C$0.01.

Silver Spruce Resources Company Profile

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.