Silver Spruce Resources (CVE:SSE) Shares Up 25%

Silver Spruce Resources Inc. (CVE:SSEGet Rating) shot up 25% during trading on Wednesday . The company traded as high as C$0.03 and last traded at C$0.03. 1,302,000 shares were traded during mid-day trading, an increase of 152% from the average session volume of 516,713 shares. The stock had previously closed at C$0.02.

Silver Spruce Resources Price Performance

The company has a debt-to-equity ratio of 24.09, a quick ratio of 1.17 and a current ratio of 1.21. The stock’s 50-day moving average is C$0.02 and its 200 day moving average is C$0.02. The stock has a market capitalization of C$4.99 million and a PE ratio of -1.43.

About Silver Spruce Resources

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Silver Spruce Resources Inc, a junior exploration company, explores for precious and base minerals. The company primarily explores for copper, zinc, lead, silver, gold, and rare earth elements. It holds 100% interests in the Pino de Plata project located in southwest corner of the state of Chihuahua, Mexico; and the Melchett Lake project situated in the Thunder Bay mining district, Northern Ontario, Canada.

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