Silver Range Resources (CVE:SNG) Stock Price Up 15.6% – Here’s Why

Shares of Silver Range Resources Ltd. (CVE:SNGGet Free Report) rose 15.6% on Monday . The company traded as high as C$0.19 and last traded at C$0.19. Approximately 401,103 shares traded hands during trading, an increase of 371% from the average daily volume of 85,198 shares. The stock had previously closed at C$0.16.

Silver Range Resources Price Performance

The company has a current ratio of 0.94, a quick ratio of 7.93 and a debt-to-equity ratio of 0.07. The firm has a market cap of C$15.79 million, a PE ratio of -16.00 and a beta of 0.55. The stock has a fifty day simple moving average of C$0.15 and a two-hundred day simple moving average of C$0.15.

About Silver Range Resources

(Get Free Report)

Silver Range Resources Ltd., a junior resource exploration company, engages in the acquisition, exploration, and evaluation of precious metal resources in Canada. The company explores for gold, silver, zinc, lead, and copper deposits. Its property portfolio comprises mineral properties located in Nevada, the Northwest Territories, Nunavut, and the Yukon Territory. Silver Range Resources Ltd. was incorporated in 2010 and is headquartered in Vancouver, Canada.

Further Reading

Receive News & Ratings for Silver Range Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Silver Range Resources and related companies with MarketBeat.com's FREE daily email newsletter.