Silver Spruce Resources (CVE:SSE) Hits New 52-Week Low – What’s Next?

Silver Spruce Resources Inc. (CVE:SSE) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 3010000 shares traded. The stock had previously closed at C$0.01.

Silver Spruce Resources Stock Performance

The company has a quick ratio of 1.17, a current ratio of 0.61 and a debt-to-equity ratio of 0.88. The stock has a market cap of C$1.61 million, a P/E ratio of -1.00 and a beta of 1.34. The stock has a fifty day simple moving average of C$0.01 and a 200-day simple moving average of C$0.01.

About Silver Spruce Resources

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.