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

Silver Spruce Resources Inc. (CVE:SSE) shares traded up 50% during trading on Thursday . The company traded as high as C$0.02 and last traded at C$0.02. 1,328,770 shares were traded 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 Down 33.3 %

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

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.