Silver Spruce Resources Inc. (SSEBF)
Silver Spruce Resources Inc. operates in the Industrial Materials industry of the Basic Materials sector, headquartered in Bedford, NS, CA. The stock last traded at $0.07, up 12.13% on the session, giving a market capitalisation of $1.6M. On trailing twelve-month figures it carries a trailing P/E of -1.55, a net margin of 0.0%. Its beta of 1.58 implies it has historically moved more than the broad market.
Silver Spruce Resources Inc. (SSEBF) operates as a junior exploration company, actively seeking valuable precious and base minerals. Its core focus lies in the exploration for resources such as copper, zinc, lead, silver, gold, and rare earth elements. The company boasts 100% ownership of the Pino de Plata project in the southwestern corner of Chihuahua, Mexico, as well as the Melchett Lake project, situated within Northern Ontario's Thunder Bay mining district in Canada. Furthermore, Silver Spruce has an agreement in place to acquire a 50% interest in three Mexican projects located in Sonora: Jackie Gold, El Mezquite, and Diamante. It also fully owns the Mystery, Marilyn, and Till properties located near Grand Falls, Newfoundland, Canada. Incorporated in 1996, the company was formerly known as First Labrador Acquisitions Inc., adopting its current name, Silver Spruce Resources Inc., in October 2004. Its corporate headquarters are located in Bedford, Canada.
Silver Spruce Resources Inc. is most often compared with the following Basic Materials names: