Silver One Resources (CVE:SVE) Shares Up 12.9% – Time to Buy?

Silver One Resources Inc. (CVE:SVE – Get Free Report) was up 12.9% during mid-day trading on Tuesday. The company traded as high as C$0.36 and last traded at C$0.35. Approximately 149,938 shares changed hands during mid-day trading, a decline of 61% from the average daily volume of 385,686 shares. The stock had previously closed at C$0.31.

Silver One Resources Price Performance

The firm has a market capitalization of C$121.79 million, a PE ratio of -34.50 and a beta of 1.89. The firm has a fifty day moving average price of C$0.43 and a 200 day moving average price of C$0.50.

About Silver One Resources

(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.

Further Reading

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