Silver Bull Resources (TSE:SVB) Hits New 1-Year Low – Should You Sell?

Silver Bull Resources, Inc. (TSE:SVBGet Free Report)’s share price reached a new 52-week low on Wednesday . The stock traded as low as C$0.12 and last traded at C$0.13, with a volume of 188667 shares changing hands. The stock had previously closed at C$0.13.

Silver Bull Resources Price Performance

The stock has a market capitalization of C$5.80 million, a price-to-earnings ratio of -12.25 and a beta of 0.74. The company’s 50-day simple moving average is C$0.13 and its 200-day simple moving average is C$0.14. The company has a debt-to-equity ratio of 0.77, a current ratio of 2.04 and a quick ratio of 1.94.

Silver Bull Resources Company Profile

(Get Free Report)

Silver Bull Resources, Inc, an exploration stage company, acquires, explores, and develops mineral properties in Mexico, Kazakhstan, and Canada. The company primarily explores for silver, lead, copper, and zinc deposits, as well as gold. Its principal project is the Sierra Mojada property comprising 20 concessions covering an area of 6,496 hectares located in Coahuila, Mexico.

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