Silver Bull Resources, Inc. (OTCMKTS:SVBL – Get Rating) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 4,600 shares, an increase of 76.9% from the March 31st total of 2,600 shares. Based on an average daily trading volume, of 62,800 shares, the short-interest ratio is currently 0.1 days.
OTCMKTS:SVBL opened at $0.21 on Friday. Silver Bull Resources has a 12-month low of $0.18 and a 12-month high of $1.25. The company has a current ratio of 1.82, a quick ratio of 1.82 and a debt-to-equity ratio of 0.01. The firm has a market cap of $7.26 million, a PE ratio of -5.25 and a beta of 0.85. The stock has a fifty day moving average price of $0.23 and a 200 day moving average price of $0.31.
Silver Bull Resources, Inc, an exploration stage company, acquires, explores, and develops mineral properties in Mexico, Kazakhstan, and Canada. It primarily explores for silver and zinc deposits. The company's principal project is the Sierra Mojada property comprising 20 concessions covering an area of 6,496 hectares located in Coahuila, Mexico.
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