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

Silver Spruce Resources Inc. (CVE:SSE)’s stock price traded up 50% during mid-day trading on Tuesday . The company traded as high as C$0.02 and last traded at C$0.02. 549,015 shares traded hands during mid-day trading, an increase of 137% from the average session volume of 231,951 shares. The stock had previously closed at C$0.01.

Silver Spruce Resources Price Performance

The business’s 50 day moving average is C$0.01 and its 200-day moving average is C$0.01. The firm has a market capitalization of C$3.23 million, a P/E ratio of -1.00 and a beta of 1.34. The company has a quick ratio of 1.17, a current ratio of 0.26 and a debt-to-equity ratio of 0.88.

About Silver Spruce Resources

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.