Silver Range Resources (CVE:SNG) Hits New 12-Month High – Should You Buy?

by · The Cerbat Gem

Shares of Silver Range Resources Ltd. (CVE:SNG – Get Free Report) reached a new 52-week high during trading on Friday . The company traded as high as C$0.16 and last traded at C$0.16, with a volume of 236275 shares trading hands. The stock had previously closed at C$0.14.

Silver Range Resources Price Performance

The company has a debt-to-equity ratio of 0.07, a quick ratio of 7.93 and a current ratio of 0.94. The firm has a market capitalization of C$15.25 million, a P/E ratio of -5.17 and a beta of -0.77. The firm has a 50-day moving average of C$0.13 and a 200-day moving average of C$0.12.

Silver Range Resources Company Profile

(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.

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