Silver Range Resources (CVE:SNG) Sets New 12-Month Low – Should You Sell?

Shares of Silver Range Resources Ltd. (CVE:SNG – Get Free Report) reached a new 52-week low during mid-day trading on Wednesday. The stock traded as low as C$0.10 and last traded at C$0.10, with a volume of 607,000 shares traded. 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 stock has a market capitalization of C$9.91 million, a price-to-earnings ratio of -10.00 and a beta of 0.71. The stock has a 50-day moving average price of C$0.12 and a 200 day moving average price of C$0.13.

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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