Silver Spruce Resources (CVE:SSE) Trading Down 33.3% – Here’s What Happened

Silver Spruce Resources Inc. (CVE:SSE)’s stock price traded down 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 traded 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 Up 50.0%

The business’s 50 day moving average price is C$0.01 and its 200-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 company has a market cap of C$4.86 million, a P/E 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.