Silver Bull Resources (TSE:SVB) Trading Down 7.7% – Time to Sell?

Silver Bull Resources, Inc. (TSE:SVBGet Free Report)’s stock price was down 7.7% during mid-day trading on Wednesday . The stock traded as low as C$0.12 and last traded at C$0.12. Approximately 76,000 shares changed hands during trading, an increase of 209% from the average daily volume of 24,625 shares. The stock had previously closed at C$0.13.

Silver Bull Resources Price Performance

The company has a quick ratio of 1.94, a current ratio of 2.04 and a debt-to-equity ratio of 0.77. The stock has a market cap of C$5.68 million, a P/E ratio of -12.00 and a beta of 0.74. The firm has a 50 day moving average price of C$0.13 and a 200 day moving average price of C$0.13.

Silver Bull Resources Company Profile

(Get Free Report)

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.

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