Silver Bull Resources (TSE:SVB) Trading Down 14.7% – Here’s Why

Shares of Silver Bull Resources, Inc. (TSE:SVBGet Free Report) dropped 14.7% during trading on Tuesday . The company traded as low as C$0.15 and last traded at C$0.15. Approximately 144,398 shares were traded during mid-day trading, an increase of 0% from the average daily volume of 143,965 shares. The stock had previously closed at C$0.17.

Silver Bull Resources Stock Performance

The firm has a market capitalization of C$6.90 million, a P/E ratio of -0.50 and a beta of 1.60. The stock’s 50 day simple moving average is C$0.44 and its 200 day simple moving average is C$0.36.

About Silver Bull Resources

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Silver Bull Resources Inc is an exploration stage company engaged in acquiring and developing mineral properties. The company holds interests in various property concessions in Mexico within a mining district known as the Sierra Mojada District. The main project of the company is the Sierra Mojada Project. Its geographical segments are Mexico, Canada, and others.

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