{"id":8223,"date":"2016-07-01T15:02:06","date_gmt":"2016-07-01T15:02:06","guid":{"rendered":"\/articles\/?p=8223"},"modified":"2016-07-01T15:14:36","modified_gmt":"2016-07-01T15:14:36","slug":"silver-bull-resources-inc-otcmktssvbl-on-the-rise","status":"publish","type":"post","link":"\/articles\/silver-bull-resources-inc-otcmktssvbl-on-the-rise\/","title":{"rendered":"Silver Bull Resources Inc (OTCMKTS:SVBL) On The Rise"},"content":{"rendered":"<p>tags: SVBL <\/p>\n<p><img decoding=\"async\" style=\"color: #000000; font-family: Verdana, Arial, Helvetica, sans-serif; font-size: 11px; float: right;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/93\/93846\/svbl_6m_450x350.png\" border=\"0\" \/>The stock of Silver Bull Resources Inc (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=SVBL\">SVBL<\/a>) has been doing pretty well since the beginning of the year. It has managed to climb the charts and gain a total of more than 300% in value since the end of January.<\/p>\n<p>&nbsp;<\/p>\n<p>By now the market cap of <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=SVBL\">SVBL<\/a><\/strong> has jumped above the $20 million mark, but the company itself isn&rsquo;t doing that great. A quick look at the numbers of prime interest contained in the company&rsquo;s report for the quarterly period ended April 30 reveals some pretty mediocre results.<\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>cash: $407 thousand<\/li>\n<li>current assets: $635 thousand<\/li>\n<li>current liabilities: $435 thousand<\/li>\n<li>revenues: ZERO<\/li>\n<li>net loss: $313 thousand<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>Those numbers aren&rsquo;t looking great, especially when you compare them to the latest fiscal year report. In the end of the fiscal 2015 <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=SVBL\">SVBL<\/a><\/strong> had two times more in cash-on-hand and current assets, while the current liabilities were slightly lower. Meanwhile, the company is still unable to generate any revenues.<\/p>\n<p>&nbsp;<\/p>\n<p>Despite all this, however, <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=SVBL\">SVBL<\/a><\/strong> issued an optimistic press release in Monday that seems to be paying off. The PR was concerning a third tranche of a previously announced private placement and managed to push the ticker 6.26% in the following day and another 15.50% in yesterday&rsquo;s session.<\/p>\n<p>&nbsp;<\/p>\n<p>S<strong>V<\/strong>BL seems to have lost its momentum today, so you should be sure to do your due diligence and weigh out the risks before putting any money on the line.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>tags: SVBL The stock of Silver Bull Resources Inc (OTCMKTS:SVBL) has been doing pretty well since the beginning of the year. It has managed to climb the charts and gain a total of more&#46;&#46;&#46;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-8223","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/8223","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=8223"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/8223\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=8223"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=8223"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=8223"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}