Silver Spruce Resources Inc. (CVE:SSE – Get Free Report)’s share price was down 25% during mid-day trading on Friday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 142,811 shares traded hands during trading, a decline of 77% from the average daily volume of 620,408 shares. The stock had previously closed at C$0.02.
Silver Spruce Resources Price Performance
The firm’s 50 day moving average price is C$0.01 and its two-hundred day moving average price is C$0.01. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.61 and a quick ratio of 1.17. The firm has a market cap of C$4.86 million, a price-to-earnings ratio of -1.00 and a beta of 1.02.
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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