Silver Spruce Resources (CVE:SSE) Stock Price Down 33.3% – What’s Next?

Silver Spruce Resources Inc. (CVE:SSE)’s stock price fell 33.3% during trading on Friday . The company traded as low as C$0.01 and last traded at C$0.01. 623,266 shares changed hands during mid-day trading, an increase of 1% from the average session volume of 619,063 shares. The stock had previously closed at C$0.02.

Silver Spruce Resources Stock Performance

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 firm has a market cap of C$4.86 million, a P/E ratio of -1.00 and a beta of 1.02. The business’s 50-day simple moving average is C$0.01 and its 200 day simple moving average is C$0.01.

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.