Silver Bull Resources (TSE:SVB) Shares Up 3.3% – Time to Buy?

Silver Bull Resources, Inc. (TSE:SVB)’s stock price shot up 3.3% during mid-day trading on Wednesday . The stock traded as high as C$0.31 and last traded at C$0.31. 46,000 shares changed hands during trading, a decline of 17% from the average session volume of 55,578 shares. The stock had previously closed at C$0.30.

Silver Bull Resources Stock Down 4.8%

The stock’s 50-day moving average price is C$0.31 and its 200 day moving average price is C$0.33. The firm has a market cap of C$14.54 million, a price-to-earnings ratio of -1.05 and a beta of 1.19.

Silver Bull Resources (TSE:SVB) last released its earnings results on Thursday, January 29th. The company reported C($0.38) earnings per share for the quarter.

About Silver Bull Resources

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.