Silver Spruce Resources (CVE:SSE) Trading Down 25%

Shares of Silver Spruce Resources Inc. (CVE:SSE) dropped 25% on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 471,000 shares traded hands during trading, an increase of 94% from the average daily volume of 243,120 shares. The stock had previously closed at C$0.02.

Silver Spruce Resources Trading Up 33.3 %

The firm has a fifty day moving average of C$0.02 and a two-hundred day moving average of C$0.02. The company has a market cap of C$5.97 million, a PE ratio of -1.00 and a beta of 1.35. The company has a current ratio of 0.79, a quick ratio of 1.17 and a debt-to-equity ratio of 0.88.

Silver Spruce Resources Company Profile

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.