Select Sands (CVE:SNS) Trading Down 25%

Select Sands Corp (CVE:SNS)’s share price dropped 25% on Friday . The company traded as low as C$0.02 and last traded at C$0.02, approximately 68,852 shares were traded during trading. A decline of 46% from the average daily volume of 128,039 shares. The stock had previously closed at C$0.02.

The company has a quick ratio of 0.52, a current ratio of 1.04 and a debt-to-equity ratio of 89.79. The stock’s fifty day moving average price is C$0.02 and its two-hundred day moving average price is C$0.02. The company has a market capitalization of $1.77 million and a PE ratio of -0.13.

Select Sands (CVE:SNS) last posted its earnings results on Monday, June 1st. The company reported C($0.03) earnings per share for the quarter. The firm had revenue of C$4.82 million for the quarter.

In related news, Director Steven Harold Goldman acquired 1,000,000 shares of the stock in a transaction on Friday, June 19th. The stock was acquired at an average cost of C$0.25 per share, for a total transaction of C$250,000.00. Following the completion of the acquisition, the director now directly owns 1,250,000 shares of the company’s stock, valued at approximately C$312,500.

Select Sands Company Profile (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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