Silver Bull Resources (TSE:SVB) Stock Passes Below Fifty Day Moving Average – Here’s Why

Silver Bull Resources, Inc. (TSE:SVB)’s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.42 and traded as low as C$0.14. Silver Bull Resources shares last traded at C$0.14, with a volume of 61,300 shares trading hands.

Silver Bull Resources Price Performance

The firm has a market cap of C$6.91 million, a P/E ratio of -0.45 and a beta of 1.60. The stock’s 50 day moving average is C$0.42 and its two-hundred day moving average is C$0.35.

Silver Bull Resources (TSE:SVB) last posted its quarterly earnings results on Friday, June 12th. The company reported C($0.03) earnings per share (EPS) for the quarter.

Silver Bull Resources Company Profile

Silver Bull Resources Inc is an exploration stage company engaged in acquiring and developing mineral properties. The company holds interests in various property concessions in Mexico within a mining district known as the Sierra Mojada District. The main project of the company is the Sierra Mojada Project. Its geographical segments are Mexico, Canada, and others.