Shares of Silver Bull Resources, Inc. (TSE:SVB – Get Free Report) dropped 5.9% during mid-day trading on Thursday . The stock traded as low as C$0.16 and last traded at C$0.16. Approximately 10,700 shares were traded during mid-day trading, a decline of 65% from the average daily volume of 30,489 shares. The stock had previously closed at C$0.17.
Silver Bull Resources Price Performance
The stock’s fifty day moving average is C$0.17 and its 200-day moving average is C$0.15. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.87 and a quick ratio of 1.94. The stock has a market capitalization of C$7.82 million, a P/E ratio of -3.30 and a beta of 0.82.
About Silver Bull Resources
Silver Bull Resources, Inc, an exploration stage company, acquires, explores, and develops mineral properties in Mexico, Kazakhstan, and Canada. The company primarily explores for silver, lead, copper, and zinc deposits, as well as gold. Its principal project is the Sierra Mojada property comprising 20 concessions covering an area of 6,496 hectares located in Coahuila, Mexico.
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