Silver Spruce Resources Inc. (SSEBF) Stock

About Silver Spruce Resources Inc.

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 headquartered in CA.

Silver Spruce Resources Inc. (SSEBF) stock trades at $0.06 with a market capitalization of $1.40M. The stock is valued at a price-to-earnings (P/E) ratio of -1.73, price-to-book of 4.77, price-to-sales of 0.00. Over the past 52 weeks the stock has ranged between $0.06 and $0.33, and currently trades 81.8% below its 52-week high.

On profitability, Silver Spruce Resources Inc. generates a return on equity (ROE) of 876.05% — well above the market average, a sign of a high-quality business, return on capital employed of -271.79%, an operating margin of 0.00%, a net profit margin of 0.00%.

Official website: silverspruceresources.com