Shares of Select Sands Corp (CVE:SNS) rose 25% during trading on Friday . The stock traded as high as C$0.03 and last traded at C$0.03, approximately 228,300 shares changed hands during trading. An increase of 82% from the average daily volume of 125,281 shares. The stock had previously closed at C$0.02.
The company’s 50-day moving average is C$0.02 and its 200 day moving average is C$0.04. The company has a market cap of $2.66 million and a price-to-earnings ratio of -0.26. The company has a quick ratio of 0.79, a current ratio of 1.68 and a debt-to-equity ratio of 27.65.
Select Sands (CVE:SNS) last posted its earnings results on Wednesday, November 20th. The company reported C($0.03) earnings per share (EPS) for the quarter. The firm had revenue of C$1.51 million for the quarter.
About Select Sands (CVE:SNS)
Select Sands Corp. engages in quarrying and producing silica sand. It has an option to acquire a 100% interest in the Sandtown property covering approximately 520 acres located in northeast Arkansas, the United States. Select Sands Corp. sells its products to industrial and energy customers. The company was formerly known as La Ronge Gold Corp.
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