Silver Spruce Resources (CVE:SSE) Stock Price Up 33.3% – Here’s What Happened

Silver Spruce Resources Inc. (CVE:SSEGet Free Report) shares were up 33.3% on Friday . The company traded as high as C$0.23 and last traded at C$0.20. Approximately 139,829 shares changed hands during trading, an increase of 230% from the average daily volume of 42,316 shares. The stock had previously closed at C$0.15.

Silver Spruce Resources Stock Up 40.0%

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 firm’s 50 day moving average price is C$0.08 and its two-hundred day moving average price is C$0.04. The company has a market capitalization of C$4.54 million, a price-to-earnings ratio of -1.00 and a beta of 1.48.

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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