Silver One Resources (CVE:SVE) Stock Price Down 9.8% – Time to Sell?

Silver One Resources Inc. (CVE:SVEGet Free Report)’s share price dropped 9.8% on Friday . The company traded as low as C$0.42 and last traded at C$0.42. Approximately 152,860 shares changed hands during trading, a decline of 73% from the average daily volume of 556,117 shares. The stock had previously closed at C$0.46.

Silver One Resources Stock Performance

The firm has a fifty day moving average price of C$0.51 and a 200 day moving average price of C$0.57. The stock has a market cap of C$148.27 million, a PE ratio of -42.00 and a beta of 2.20.

Silver One Resources Company Profile

(Get Free Report)

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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