Silver Spruce Resources Inc. (CVE:SSE – Get Free Report)’s share price rose 33.3% during trading on Friday . The company traded as high as C$0.23 and last traded at C$0.20. Approximately 139,829 shares were traded during mid-day trading, an increase of 231% from the average daily volume of 42,302 shares. The stock had previously closed at C$0.15.
Silver Spruce Resources Stock Up 40.0%
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 quick ratio of 1.17 and a current ratio of 0.61. The stock has a fifty day moving average price of C$0.08 and a 200-day moving average price of C$0.04.
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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