Silver Range Resources (CVE:SNG) Hits New 12-Month Low – What’s Next?

Silver Range Resources Ltd. (CVE:SNG – Get Free Report) shares reached a new 52-week low on Wednesday. The company traded as low as C$0.11 and last traded at C$0.11, with a volume of 98000 shares trading hands. The stock had previously closed at C$0.11.

Silver Range Resources Price Performance

The company has a current ratio of 0.94, a quick ratio of 7.93 and a debt-to-equity ratio of 0.07. The stock has a 50 day simple moving average of C$0.12 and a 200-day simple moving average of C$0.13. The firm has a market cap of C$10.90 million, a PE ratio of -11.00 and a beta of 0.70.

About Silver Range Resources

(Get Free Report)

Silver Range Resources Ltd., a junior resource exploration company, engages in the acquisition, exploration, and evaluation of precious metal resources in Canada. The company explores for gold, silver, zinc, lead, and copper deposits. Its property portfolio comprises mineral properties located in Nevada, the Northwest Territories, Nunavut, and the Yukon Territory. Silver Range Resources Ltd. was incorporated in 2010 and is headquartered in Vancouver, Canada.

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