Silver Spruce Resources Inc. (CVE:SSE – Get Free Report) rose 42.9% during trading on Wednesday . The company traded as high as C$0.36 and last traded at C$0.30. Approximately 445,114 shares changed hands during mid-day trading, an increase of 186% from the average daily volume of 155,463 shares. The stock had previously closed at C$0.21.
Silver Spruce Resources Trading Up 5.3%
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 business’s 50-day moving average is C$0.15 and its 200 day moving average is C$0.06. The firm has a market capitalization of C$6.48 million, a P/E ratio of -1.00 and a beta of 1.60.
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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