Silver Bull Resources (OTCMKTS:SVBL) Releases Earnings Results

Silver Bull Resources (OTCMKTS:SVBL) announced its quarterly earnings data on Thursday. The basic materials company reported ($0.26) earnings per share for the quarter, Zacks reports.

Silver Bull Resources Price Performance

Shares of Silver Bull Resources stock remained flat at $0.24 during trading on Thursday. The company had a trading volume of 7,088 shares, compared to its average volume of 46,394. The stock has a market cap of $11.40 million, a price-to-earnings ratio of -24.00 and a beta of 0.96. The business’s fifty day simple moving average is $0.24 and its 200-day simple moving average is $0.24. Silver Bull Resources has a twelve month low of $0.08 and a twelve month high of $0.29.

About Silver Bull Resources

Silver Bull Resources Inc is a mineral exploration and development company focused on silver and associated base metals. The company’s core asset is the Sierra Mojada project, an advanced‐stage silver–lead–zinc deposit located in Coahuila State, Mexico. Sierra Mojada hosts both high‐grade massive sulphide zones and broader, lower‐grade mineralization, making it one of the largest undeveloped silver resources in North America.

At Sierra Mojada, Silver Bull has completed extensive drilling programs and preliminary economic studies under Canadian National Instrument 43-101 standards.