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

Silver Spruce Resources Inc. (CVE:SSE)’s share price traded up 33.3% during trading on Friday . The company traded as high as C$0.23 and last traded at C$0.20. 139,829 shares traded hands during mid-day trading, an increase of 231% from the average session volume of 42,302 shares. The stock had previously closed at C$0.15.

Silver Spruce Resources Stock Up 40.0%

The company has a fifty day simple moving average of C$0.09 and a 200-day simple moving average of C$0.04. The company has a quick ratio of 1.17, a current ratio of 0.61 and a debt-to-equity ratio of 0.88. The firm has a market cap of C$4.54 million, a P/E ratio of -1.00 and a beta of 1.48.

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.