Sandspring Resources (CVE:SSP) Shares Up ∞ – Here’s Why
by Teresa Graham · The Cerbat GemSandspring Resources Ltd. (CVE:SSP – Get Free Report)’s stock price shot up ∞ during mid-day trading on Thursday . The company traded as high as C$0.26 and last traded at C$0.26. 331,100 shares traded hands during trading, an increase of 14% from the average session volume of 290,388 shares.
Sandspring Resources Stock Performance
The business has a 50-day moving average of C$0.26 and a 200-day moving average of C$0.26. The stock has a market capitalization of C$8.90 million and a price-to-earnings ratio of -7.73.
About Sandspring Resources
Sandspring Resources Ltd., a junior mining company, explores for and develops gold and related minerals in Guyana, South America. It primarily explores for gold, copper, and silver deposits. The company's primary resource property is the Upper Puruni property, including the Toroparu gold project, which covers a total of 138,740 acres comprising 7 small scale claims, 98 medium scale prospecting permits, 13 medium scale mining permits, and 2 contiguous prospecting licenses.
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