Silver Spruce Resources Inc. (CVE:SSE – Get Free Report)’s stock price shot up 35% during trading on Monday . The stock traded as high as C$0.14 and last traded at C$0.14. 104,042 shares traded hands during trading, an increase of 155% from the average session volume of 40,879 shares. The stock had previously closed at C$0.10.
Silver Spruce Resources Stock Up 50.0%
The stock has a market capitalization of C$3.24 million, a price-to-earnings ratio of -1.00 and a beta of 1.59. The firm has a 50-day moving average of C$0.05 and a 200 day moving average of C$0.02. The company has a current ratio of 0.61, a quick ratio of 1.17 and a debt-to-equity ratio of 0.88.
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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