Silver Range Resources (CVE:SNG) Reaches New 52-Week Low – Here’s Why

by · The Markets Daily

Shares of Silver Range Resources Ltd. (CVE:SNG – Get Free Report) hit a new 52-week low during trading on Wednesday. The company traded as low as C$0.10 and last traded at C$0.10, with a volume of 607,000 shares. The stock had previously closed at C$0.12.

Silver Range Resources Price Performance

The company has a market cap of C$10.40 million, a PE ratio of -10.50 and a beta of 0.71. The business has a 50 day moving average of C$0.12 and a 200 day moving average of C$0.13. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.94 and a quick ratio of 7.93.

Silver Range Resources Company Profile

(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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