Silver Bull Resources (TSE:SVB) Reaches New 1-Year Low – Here’s Why

Silver Bull Resources, Inc. (TSE:SVBGet Free Report) hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.12 and last traded at C$0.14, with a volume of 21957 shares. The stock had previously closed at C$0.13.

Silver Bull Resources Stock Performance

The company has a 50-day moving average price of C$0.12 and a 200-day moving average price of C$0.13. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.94 and a current ratio of 2.04. The firm has a market capitalization of C$7.11 million, a price-to-earnings ratio of -15.00 and a beta of 0.74.

Silver Bull Resources Company Profile

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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.

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