Silver Spruce Resources (CVE:SSE) Hits New 1-Year Low – Should You Sell?

Silver Spruce Resources Inc. (CVE:SSE – Get Free Report) shares hit a new 52-week low on Wednesday . The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 30000 shares. The stock had previously closed at C$0.01.

Silver Spruce Resources Stock Performance

The stock’s fifty day simple moving average is C$0.01 and its 200-day simple moving average is C$0.01. The company has a quick ratio of 1.17, a current ratio of 0.61 and a debt-to-equity ratio of 0.88. The company has a market capitalization of C$1.61 million, a PE ratio of -1.00 and a beta of 1.34.

About Silver Spruce Resources

(Get Free Report)

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.

See Also

• Five stocks we like better than Silver Spruce Resources
• What is the Nikkei 225 index?    
• Rivian’s Wild Ride: Is the Dip a Buying Opportunity?
• Dividend Capture Strategy: What You Need to Know
• Freshworks Stock Soars 50% – Is This the Perfect Entry Point?
• What is an Earnings Surprise?
• Why Meta Should Rally All The Way Into 2025