Silver Spruce Resources (CVE:SSE) Sets New 52-Week Low – Here’s What Happened

Silver Spruce Resources Inc. (CVE:SSE)’s share price reached a new 52-week low during trading on Monday . The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 551000 shares. The stock had previously closed at C$0.01.

Silver Spruce Resources Price Performance

The firm has a market capitalization of C$1.61 million, a P/E ratio of -1.00 and a beta of 1.34. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.17 and a current ratio of 0.61. The business has a 50 day simple moving average of C$0.01 and a two-hundred 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.