Silver Spruce Resources Inc. (CVE:SSE – Get Free Report) shares fell 33.3% on Friday . The company traded as low as C$0.01 and last traded at C$0.01. 2,619,129 shares changed hands during mid-day trading, an increase of 619% from the average session volume of 364,444 shares. The stock had previously closed at C$0.02.
Silver Spruce Resources Price Performance
The business has a fifty day moving average price of C$0.01 and a two-hundred day moving average price of C$0.01. The company has a current ratio of 0.61, a quick ratio of 1.17 and a debt-to-equity ratio of 0.88. The company has a market cap of C$3.23 million, a price-to-earnings ratio of -1.00 and a beta of 1.34.
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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