Silver Range Resources (CVE:SNG) Stock Price Up 15.6% – Here’s Why

Silver Range Resources Ltd. (CVE:SNGGet Free Report) shares rose 15.6% on Monday . The stock traded as high as C$0.19 and last traded at C$0.19. Approximately 401,103 shares were traded during mid-day trading, an increase of 371% from the average daily volume of 85,198 shares. The stock had previously closed at C$0.16.

Silver Range Resources Stock 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 company has a market cap of C$15.79 million, a PE ratio of -16.00 and a beta of 0.55. The firm has a fifty day moving average of C$0.15 and a two-hundred day moving average of C$0.15.

About Silver Range Resources

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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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