Silver Spruce Resources Inc. (CVE:SSE – Get Free Report) shares dropped 20% during trading on Friday . The company traded as low as C$0.01 and last traded at C$0.01. Approximately 763,594 shares were traded during mid-day trading, an increase of 155% from the average daily volume of 299,213 shares. The stock had previously closed at C$0.01.
Silver Spruce Resources Stock Performance
The stock has a market capitalization of C$2.58 million, a price-to-earnings ratio of -1.00 and a beta of 1.34. The firm has a fifty day moving average of C$0.01 and a 200 day moving average of C$0.01. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.61 and a quick ratio of 1.17.
About Silver Spruce Resources
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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