Silver Spruce Resources Inc. (CVE:SSE – Get Free Report)’s share price traded down 33.3% on Tuesday . The stock traded as low as C$0.01 and last traded at C$0.01. 1,547,250 shares changed hands during mid-day trading, an increase of 281% from the average session volume of 405,748 shares. The stock had previously closed at C$0.02.
Silver Spruce Resources Price Performance
The company has a current ratio of 0.61, a quick ratio of 1.17 and a debt-to-equity ratio of 0.88. The firm’s 50 day simple moving average is C$0.01 and its two-hundred day simple moving average is C$0.01. The firm has a market cap of C$3.23 million, a price-to-earnings ratio of -1.00 and a beta of 1.34.
About Silver Spruce Resources
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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