Silver Spruce Resources (CVE:SSE) Stock Price Up 40% – Here’s What Happened
by Amy Steele · The Cerbat GemShares of Silver Spruce Resources Inc. (CVE:SSE – Get Free Report) traded up 40% on Saturday . The company traded as high as C$0.23 and last traded at C$0.21. 169,529 shares were traded during mid-day trading, an increase of 299% from the average session volume of 42,456 shares. The stock had previously closed at C$0.15.
Silver Spruce Resources Price Performance
The stock’s fifty day moving average price is C$0.09 and its 200-day moving average price is C$0.04. The firm has a market cap of C$4.54 million, a PE ratio of -1.00 and a beta of 1.48. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.61 and a quick ratio of 1.17.
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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