Timberline Resources Corp (CVE:TBR) traded down 10.5% on Wednesday . The company traded as low as C$0.09 and last traded at C$0.09, 51,555 shares traded hands during trading. An increase of 35% from the average session volume of 38,149 shares. The stock had previously closed at C$0.10.
The company has a current ratio of 0.45, a quick ratio of 0.08 and a debt-to-equity ratio of 4.39. The company has a fifty day simple moving average of C$0.10 and a 200-day simple moving average of C$0.10. The company has a market capitalization of $7.49 million and a PE ratio of -3.15.
Timberline Resources Company Profile (CVE:TBR)
Timberline Resources Corporation engages in the exploration and development of mineral properties in the United States. The company primarily explores for gold and silver deposits. It holds interests in the Eureka property covering an area of approximately 16,000 acres located in the southern part of the Eureka mining district of Eureka county, Nevada; the Elder Creek property covering approximately 9,600 acres located in northern Nevada; and the ICBM (Paiute) Project consisting of approximately 1,346 acres located in the Battle Mountain Mining District, Lander and Humboldt Counties, Nevada.
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