Silver Bull Resources (TSE:SVB) Stock Price Down 3.8% – Here’s Why

Shares of Silver Bull Resources, Inc. (TSE:SVBGet Free Report) traded down 3.8% on Monday . The company traded as low as C$0.13 and last traded at C$0.13. 3,489 shares were traded during trading, a decline of 88% from the average session volume of 29,755 shares. The stock had previously closed at C$0.13.

Silver Bull Resources Price Performance

The firm has a market capitalization of C$6.16 million, a price-to-earnings ratio of -13.00 and a beta of 0.74. The stock’s fifty day moving average price is C$0.13 and its two-hundred day moving average price is 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.

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.

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