Silver Bull Resources (TSE:SVB) Sets New 12-Month Low – What’s Next?

Silver Bull Resources, Inc. (TSE:SVBGet Free Report)’s share price reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.12 and last traded at C$0.13, with a volume of 188667 shares trading hands. The stock had previously closed at C$0.13.

Silver Bull Resources Stock Performance

The stock has a market cap of C$5.68 million, a price-to-earnings ratio of -12.00 and a beta of 0.74. 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 company has a 50 day simple moving average of C$0.13 and a 200 day simple moving average of C$0.14.

Silver Bull Resources Company Profile

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Silver Bull Resources, Inc, an exploration stage company, acquires, explores, and develops mineral properties in Mexico, Kazakhstan, and Canada. The company primarily explores for silver, lead, copper, and zinc deposits, as well as gold. Its principal project is the Sierra Mojada property comprising 20 concessions covering an area of 6,496 hectares located in Coahuila, Mexico.

Further Reading

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