Silver Spruce Resources (CVE:SSE) Stock Price Up 50%

Silver Spruce Resources Inc. (CVE:SSE) shares shot up 50% during mid-day trading on Thursday . The stock traded as high as C$0.02 and last traded at C$0.02. 1,328,770 shares changed hands during trading, an increase of 455% from the average session volume of 239,368 shares. The stock had previously closed at C$0.01.

Silver Spruce Resources Stock Up 50.0 %

The company has a debt-to-equity ratio of 0.88, a current ratio of 0.26 and a quick ratio of 1.17. The stock has a market capitalization of C$4.84 million, a P/E ratio of -1.00 and a beta of 1.34. The firm has a 50 day moving average of C$0.01 and a 200-day moving average of C$0.01.

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.