Silver Spruce Resources (CVE:SSE) Trading Up 100% – Here’s What Happened

Silver Spruce Resources Inc. (CVE:SSE)’s stock price was up 100% during trading on Thursday . The company traded as high as C$0.01 and last traded at C$0.01. Approximately 500,000 shares were traded during mid-day trading, an increase of 46% from the average daily volume of 341,333 shares. The stock had previously closed at C$0.01.

Silver Spruce Resources Stock Up 100.0%

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

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.