Shares of Silver One Resources Inc. (CVE:SVE – Get Free Report) were up 9.3% during trading on Friday. The company traded as high as C$0.47 and last traded at C$0.47. 55,050 shares traded hands during mid-day trading, a decline of 86% from the average session volume of 405,855 shares. The stock had previously closed at C$0.43.
Silver One Resources Stock Performance
The firm’s fifty day moving average price is C$0.44 and its 200 day moving average price is C$0.46. The firm has a market cap of C$172.98 million, a P/E ratio of -49.00 and a beta of 1.89.
Silver One Resources Company Profile
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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