Silver One Resources (CVE:SVE) Stock Price Down 8.7% – Time to Sell?

by · The Markets Daily

Shares of Silver One Resources Inc. (CVE:SVE – Get Free Report) traded down 8.7% on Thursday . The stock traded as low as C$0.40 and last traded at C$0.42. 269,765 shares were traded during mid-day trading, an increase of 32% from the average session volume of 203,690 shares. The stock had previously closed at C$0.46.

Silver One Resources Trading Down 2.4%

The firm has a market cap of C$119.16 million, a P/E ratio of -35.00 and a beta of 1.48. The business has a 50-day moving average price of C$0.37 and a 200-day moving average price of C$0.34.

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.

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