Silver Spruce Resources (CVE:SSE) Shares Up 100% – Time to Buy?

Shares of Silver Spruce Resources Inc. (CVE:SSEGet Free Report) traded up 100% during mid-day trading on Monday . The stock traded as high as C$0.01 and last traded at C$0.01. 223,271 shares changed hands during trading, a decline of 35% from the average session volume of 343,337 shares. The stock had previously closed at C$0.01.

Silver Spruce Resources Stock Performance

The firm has a 50 day simple moving average of C$0.01 and a 200-day simple moving average of 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$3.23 million, a price-to-earnings ratio of -1.00 and a beta of 1.34.

Silver Spruce Resources Company Profile

(Get Free Report)

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.

Read More

Receive News & Ratings for Silver Spruce Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Silver Spruce Resources and related companies with MarketBeat.com's FREE daily email newsletter.