Silver Bull Resources (TSE:SVB) Stock Price Down 86.4% – Time to Sell?

Silver Bull Resources, Inc. (TSE:SVBGet Free Report)’s share price dropped 86.4% during mid-day trading on Monday . The stock traded as low as C$0.08 and last traded at C$0.11. Approximately 2,753,992 shares changed hands during trading, an increase of 2,632% from the average daily volume of 100,787 shares. The stock had previously closed at C$0.81.

Silver Bull Resources Stock Performance

The company has a market capitalization of C$8.63 million, a P/E ratio of -0.63 and a beta of 1.22. The firm’s fifty day moving average is C$0.46 and its 200-day moving average is C$0.37.

Silver Bull Resources Company Profile

(Get Free Report)

Silver Bull Resources Inc is an exploration stage company engaged in acquiring and developing mineral properties. The company holds interests in various property concessions in Mexico within a mining district known as the Sierra Mojada District. The main project of the company is the Sierra Mojada Project. Its geographical segments are Mexico, Canada, and others.

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