Silver Range Resources (CVE:SNG) Hits New 52-Week Low – Should You Sell?

Silver Range Resources Ltd. (CVE:SNG) reached a new 52-week low during mid-day trading on Tuesday. The stock traded as low as C$0.10 and last traded at C$0.10, with a volume of 26,000 shares. The stock had previously closed at C$0.10.

Silver Range Resources Stock Performance

The company’s fifty day moving average price is C$0.11 and its 200 day moving average price is C$0.13. The company has a market cap of C$9.91 million, a PE ratio of -10.00 and a beta of 0.99. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.94 and a quick ratio of 7.93.

About Silver Range Resources

Silver Range Resources Ltd., a junior resource exploration company, engages in the acquisition, exploration, and evaluation of precious metal resources in Canada. The company explores for gold, silver, zinc, lead, and copper deposits. Its property portfolio comprises mineral properties located in Nevada, the Northwest Territories, Nunavut, and the Yukon Territory. Silver Range Resources Ltd. was incorporated in 2010 and is headquartered in Vancouver, Canada.