Silver Bear Resources Inc. (TSE:SBR)’s share price dropped 6.3% during mid-day trading on Friday . The stock traded as low as C$0.15 and last traded at C$0.15. Approximately 8,900 shares traded hands during mid-day trading, a decline of 83% from the average daily volume of 50,968 shares. The stock had previously closed at C$0.16.
The firm has a market cap of $94.08 million and a PE ratio of -3.25.
Silver Bear Resources (TSE:SBR) last issued its quarterly earnings results on Monday, April 1st. The company reported C($0.02) earnings per share for the quarter. The company had revenue of C$1.00 million for the quarter.
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Silver Bear Resources Plc engages in the acquisition, exploration, evaluation, and development of silver properties in Russia. Its principal focus is the Mangazeisky silver project, covering a license area of approximately 570 square kilometers, located to the north of Yakutsk in the Republic of Sakha.
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