Silver Spruce Resources (CVE:SSE) Sets New 1-Year Low – What’s Next?

Silver Spruce Resources Inc. (CVE:SSE – Get Free Report) hit a new 52-week low during mid-day trading on Wednesday. The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 5,400 shares. The stock had previously closed at C$0.07.

Silver Spruce Resources Price Performance

The company has a 50-day moving average of C$0.08 and a 200 day moving average of C$0.12. 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 stock has a market capitalization of C$2.14 million, a PE ratio of -1.20 and a beta of 1.66.

Silver Spruce Resources Company Profile

(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.