Silver Spruce Resources Inc. (CVE:SSE – Get Free Report) dropped 21.1% during mid-day trading on Monday . The stock traded as low as C$0.30 and last traded at C$0.30. Approximately 106,226 shares were traded during mid-day trading, an increase of 1% from the average daily volume of 104,829 shares. The stock had previously closed at C$0.38.
Silver Spruce Resources Stock Performance
The stock has a market cap of C$6.48 million, a price-to-earnings ratio of -1.00 and a beta of 1.60. The company’s fifty day simple moving average is C$0.19 and its two-hundred day simple moving average is C$0.08. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.61 and a quick ratio of 1.17.
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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