Shares of Silver Spruce Resources Inc. (CVE:SSE – Get Free Report) fell 10.5% during trading on Friday . The company traded as low as C$0.08 and last traded at C$0.09. 118,000 shares changed hands during trading, an increase of 87% from the average daily volume of 63,050 shares. The stock had previously closed at C$0.10.
Silver Spruce Resources Price Performance
The company has a market capitalization of C$2.85 million, a P/E ratio of -1.60 and a beta of 1.31. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.61 and a quick ratio of 1.17. The company’s 50-day moving average price is C$0.13 and its two-hundred day moving average price is C$0.21.
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.
Further Reading
- Five stocks we like better than Silver Spruce Resources
- AST SpaceMobile Stock Sinks as SpaceX Fallout Rattles Space Sector
- Aehr Test Systems Stock Soars on Earnings, Eyes Over 150% Revenue Growth
- TSMC Just Gave AI Chip Bulls Another Reason to Stay Confident
- GE Aerospace Faces a Prove-It Moment in Q2 Earnings
Receive News & Ratings for Silver Spruce Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Silver Spruce Resources and related companies with MarketBeat.com's FREE daily email newsletter.
