Silver One Resources (CVE:SVE) Stock Price Up 21.7% – Here’s What Happened

Shares of Silver One Resources Inc. (CVE:SVEGet Free Report) rose 21.7% during trading on Tuesday . The stock traded as high as C$0.74 and last traded at C$0.73. Approximately 755,454 shares were traded during mid-day trading, a decline of 5% from the average daily volume of 798,269 shares. The stock had previously closed at C$0.60.

Silver One Resources Stock Performance

The company has a market capitalization of C$255.89 million, a PE ratio of -35.00 and a beta of 1.59. The company’s 50-day simple moving average is C$0.68 and its 200-day simple moving average is C$0.50.

About Silver One Resources

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Silver One Resources Inc, together with its subsidiary, engages in the acquisition, exploration, and development of mineral properties in the United States. The company explores for silver deposits. Its flagship project, the Candelaria Silver Mine project, located in central west Nevada; and holds 100% interest in Cherokee project located in Nevada, as well as in the Phoenix silver property located near Globe, Arizona. The company was formerly known as BRS Ventures Ltd. and changed its name to Silver One Resources Inc in September 2016.

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