Silver Range Resources (CVE:SNG) Reaches New 12-Month High – Should You Buy?

Shares of Silver Range Resources Ltd. (CVE:SNGGet Free Report) hit a new 52-week high on Tuesday . The company traded as high as C$0.18 and last traded at C$0.17, with a volume of 152310 shares trading hands. The stock had previously closed at C$0.17.

Silver Range Resources Stock Performance

The firm has a market capitalization of C$16.73 million, a PE ratio of -5.67 and a beta of 0.49. The company has a quick ratio of 7.93, a current ratio of 0.94 and a debt-to-equity ratio of 0.07. The company’s 50-day simple moving average is C$0.14 and its 200 day simple moving average is C$0.12.

Silver Range Resources Company Profile

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Silver Range Resources Ltd., a junior resource exploration company, engages in the acquisition, exploration, and evaluation of precious metal resources in Canada. The company explores for gold, silver, zinc, lead, and copper deposits. Its property portfolio comprises mineral properties located in Nevada, the Northwest Territories, Nunavut, and the Yukon Territory. Silver Range Resources Ltd. was incorporated in 2010 and is headquartered in Vancouver, Canada.

Further Reading

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