Silver Spruce Resources (CVE:SSE) Sets New 52-Week High – Should You Buy?

Silver Spruce Resources Inc. (CVE:SSEGet Free Report)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as C$0.23 and last traded at C$0.01, with a volume of 19000 shares. The stock had previously closed at C$0.01.

Silver Spruce Resources Trading Up 4.0%

The stock has a market capitalization of C$2.81 million, a PE ratio of -1.00 and a beta of 1.59. The firm has a 50 day moving average price of C$0.02 and a 200 day moving average price of C$0.01. The company has a quick ratio of 1.17, a current ratio of 0.61 and a debt-to-equity ratio of 0.88.

About Silver Spruce Resources

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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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