Silver Range Resources (CVE:SNG) Sets New 12-Month Low – Should You Sell?

Silver Range Resources Ltd. (CVE:SNG – Get Free Report)’s stock price hit a new 52-week low during trading on Friday. The company traded as low as C$0.10 and last traded at C$0.10, with a volume of 51,080 shares changing hands. The stock had previously closed at C$0.11.

Silver Range Resources Trading Down 9.1%

The company has a debt-to-equity ratio of 0.07, a current ratio of 0.94 and a quick ratio of 7.93. The firm has a market capitalization of C$9.91 million, a price-to-earnings ratio of -10.00 and a beta of 0.71. The business’s 50-day moving average price is C$0.12 and its 200 day moving average price is C$0.13.

About Silver Range Resources

(Get Free Report)

Silver Range Resources Ltd., a junior resource exploration company, engages in the acquisition, exploration, and evaluation of precious metal resources in Canada. The company explores for gold, silver, zinc, lead, and copper deposits. Its property portfolio comprises mineral properties located in Nevada, the Northwest Territories, Nunavut, and the Yukon Territory. Silver Range Resources Ltd. was incorporated in 2010 and is headquartered in Vancouver, Canada.

Read More

Receive News & Ratings for Silver Range Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Silver Range Resources and related companies with MarketBeat.com's FREE daily email newsletter.