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

Silver Spruce Resources Inc. (CVE:SSEGet Free Report) shares hit a new 52-week low during trading on Monday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 122000 shares changing hands. The stock had previously closed at C$0.01.

Silver Spruce Resources Stock Up 100.0 %

The stock has a 50-day moving average of C$0.01 and a 200 day moving average 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. The company has a market capitalization of C$3.23 million, a PE ratio of -1.00 and a beta of 1.34.

Silver Spruce Resources Company Profile

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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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