Silver Spruce Resources (CVE:SSE) Shares Up 100% – Time to Buy?

Shares of Silver Spruce Resources Inc. (CVE:SSEGet Free Report) traded up 100% on Thursday . The company traded as high as C$0.01 and last traded at C$0.01. 500,000 shares changed hands during trading, an increase of 46% from the average session volume of 341,333 shares. The stock had previously closed at C$0.01.

Silver Spruce Resources Trading Up 100.0%

The company has a market cap of C$3.23 million, a price-to-earnings ratio of -1.00 and a beta of 1.34. 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 business’s 50 day moving average price is C$0.01 and its 200-day moving average price is C$0.01.

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.

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