Silver Bull Resources (TSE:SVB) Shares Down 8.3% – Here’s Why

Silver Bull Resources, Inc. (TSE:SVB)’s stock price fell 8.3% during trading on Thursday. The stock traded as low as C$0.06 and last traded at C$0.06. 102,195 shares were traded during mid-day trading, a decline of 11% from the average session volume of 114,978 shares. The stock had previously closed at C$0.06.

Silver Bull Resources Trading Down 16.7%

The company’s 50-day moving average is C$0.10 and its 200 day moving average is C$0.24. The firm has a market cap of C$2.47 million, a PE ratio of -0.17 and a beta of 2.46.

Silver Bull Resources Company Profile

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.