Silver Spruce Resources (CVE:SSE) Shares Down 50%

Silver Spruce Resources Inc. (CVE:SSEGet Free Report) was down 50% during trading on Thursday . The company traded as low as C$0.01 and last traded at C$0.01. Approximately 154,000 shares traded hands during trading, a decline of 36% from the average daily volume of 239,723 shares. The stock had previously closed at C$0.01.

Silver Spruce Resources Stock Performance

The stock’s 50 day moving average price is C$0.01 and its 200 day moving average price is C$0.01. The company has a current ratio of 0.61, a quick ratio of 1.17 and a debt-to-equity ratio of 0.88. The company has a market cap of C$1.61 million, a price-to-earnings ratio of -1.00 and a beta of 1.34.

About Silver Spruce Resources

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Silver Spruce Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Silver Spruce Resources and related companies with MarketBeat.com's FREE daily email newsletter.