Silver One Resources (CVE:SVE) Stock Price Down 2.6% – Here’s Why

Silver One Resources Inc. (CVE:SVEGet Free Report)’s stock price traded down 2.6% during mid-day trading on Wednesday . The company traded as low as C$0.37 and last traded at C$0.38. 43,221 shares were traded during trading, a decline of 91% from the average daily volume of 466,099 shares. The stock had previously closed at C$0.39.

Silver One Resources Trading Down 2.6%

The stock’s 50-day moving average is C$0.42 and its 200-day moving average is C$0.54. The stock has a market cap of C$134.15 million, a price-to-earnings ratio of -38.00 and a beta of 2.43.

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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