Silver Spruce Resources (CVE:SSE) Hits New 12-Month Low – What’s Next?

Silver Spruce Resources Inc. (CVE:SSE) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 7000 shares trading hands. The stock had previously closed at C$0.01.

Silver Spruce Resources Trading Up 100.0 %

The company has a market capitalization of C$3.23 million, a PE ratio of -1.00 and a beta of 1.34. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.61 and a quick ratio of 1.17. The company’s fifty day moving average is C$0.01 and its 200-day moving average is C$0.01.

Silver Spruce Resources Company Profile

Silver Spruce Resources Inc, an exploration stage company, engages in the exploration of precious and base minerals. The company primarily explores for silver, lead, zinc, copper, gold, and base and rare earth elements. It holds 100% interest in the Pino de Plata project comprising four concessions covering an area of 397 hectors, located in the prolific Sierra Madre Occidental region of Western Chihuahua State in Mexico; and the Melchett Lake property covering an area of 4,698 hectares located within the English River Sub-province of the Archean-age Superior Province.