Silver Spruce Resources (CVE:SSE) Stock Price Up 33.3% – Time to Buy?

Silver Spruce Resources Inc. (CVE:SSEGet Free Report)’s share price rose 33.3% on Thursday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 203,446 shares traded hands during trading, a decline of 67% from the average daily volume of 623,510 shares. The stock had previously closed at C$0.02.

Silver Spruce Resources Price Performance

The company has a current ratio of 0.61, a quick ratio of 1.17 and a debt-to-equity ratio of 0.88. The business has a 50-day moving average price of C$0.01 and a two-hundred day moving average price of C$0.01. The firm has a market capitalization of C$4.86 million, a price-to-earnings ratio of -1.00 and a beta of 1.02.

About Silver Spruce Resources

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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.

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