Silver Range Resources (CVE:SNG) Trading Down 12% – Should You Sell?

Silver Range Resources Ltd. (CVE:SNGGet Free Report)’s share price traded down 12% on Monday . The company traded as low as C$0.11 and last traded at C$0.11. Approximately 132,000 shares traded hands during trading, an increase of 66% from the average session volume of 79,700 shares. The stock had previously closed at C$0.12.

Silver Range Resources Price Performance

The company has a current ratio of 0.94, a quick ratio of 7.93 and a debt-to-equity ratio of 0.07. The firm has a market cap of C$10.90 million, a P/E ratio of -11.00 and a beta of 0.59. The firm has a 50-day simple moving average of C$0.14 and a 200-day simple moving average of C$0.15.

About Silver Range Resources

(Get Free Report)

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.

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