Silver Spruce Resources Inc. (CVE:SSE – Get Free Report) traded up 33.3% on Friday . The company traded as high as C$0.23 and last traded at C$0.20. 139,829 shares changed hands during mid-day trading, an increase of 230% from the average session volume of 42,316 shares. The stock had previously closed at C$0.15.
Silver Spruce Resources Price Performance
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 capitalization of C$4.54 million, a price-to-earnings ratio of -1.00 and a beta of 1.48. The company has a fifty day moving average price of C$0.09 and a two-hundred day moving average price of C$0.04.
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.
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