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

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

Silver Bull Resources Stock Performance

The firm has a market capitalization of C$5.68 million, a P/E ratio of -12.00 and a beta of 0.74. The company has a 50-day moving average of C$0.13 and a 200-day moving average of C$0.14. The company has a current ratio of 2.04, a quick ratio of 1.94 and a debt-to-equity ratio of 0.77.

About Silver Bull Resources

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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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