Silver Range Resources (CVE:SNG) Reaches New 52-Week Low – What’s Next?

by · The Markets Daily

Shares of Silver Range Resources Ltd. (CVE:SNG – Get Free Report) reached a new 52-week low during trading on Wednesday. The stock traded as low as C$0.11 and last traded at C$0.11, with a volume of 98000 shares trading hands. The stock had previously closed at C$0.11.

Silver Range Resources Price Performance

The firm has a market capitalization of C$10.90 million, a PE ratio of -11.00 and a beta of 0.70. The business’s 50 day simple moving average is C$0.12 and its 200 day simple moving average is C$0.13. The company has a current ratio of 0.94, a quick ratio of 7.93 and a debt-to-equity ratio of 0.07.

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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