Silver Spruce Resources (CVE:SSE) Stock Price Up 50% – Still a Buy?

Shares of Silver Spruce Resources Inc. (CVE:SSEGet Free Report) rose 50% during trading on Wednesday . The stock traded as high as C$0.02 and last traded at C$0.02. Approximately 306,165 shares were traded during trading, a decline of 21% from the average daily volume of 386,830 shares. The stock had previously closed at C$0.01.

Silver Spruce Resources Stock Up 50.0%

The company’s 50-day moving average is C$0.01 and its 200 day moving average is C$0.01. The company has a market capitalization of C$4.84 million, a PE ratio of -1.00 and a beta of 1.34. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.17 and a current ratio of 0.61.

About Silver Spruce Resources

(Get Free Report)

Silver Spruce Resources Inc, an exploration stage company, engages in the exploration of precious and base minerals. The company primarily explores for silver, lead, zinc, copper, gold, and base and rare earth elements. It holds 100% interest in the Pino de Plata project comprising four concessions covering an area of 397 hectors, located in the prolific Sierra Madre Occidental region of Western Chihuahua State in Mexico; and the Melchett Lake property covering an area of 4,698 hectares located within the English River Sub-province of the Archean-age Superior Province.

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