Silver One Resources Inc. (CVE:SVE – Get Free Report) rose 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 Stock Down 9.5%
The company has a market capitalization of C$118.26 million, a P/E ratio of -33.50 and a beta of 1.50. The company’s 50-day simple moving average is C$0.42 and its 200 day simple moving average is C$0.50.
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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