Silver One Resources (CVE:SVE) Trading Down 2.8% – Here’s Why

Silver One Resources Inc. (CVE:SVEGet Free Report)’s stock price was down 2.8% during mid-day trading on Tuesday . The company traded as low as C$0.18 and last traded at C$0.18. Approximately 324,015 shares changed hands during mid-day trading, an increase of 171% from the average daily volume of 119,374 shares. The stock had previously closed at C$0.18.

Silver One Resources Price Performance

The company’s 50 day simple moving average is C$0.26 and its 200-day simple moving average is C$0.27. The company has a current ratio of 79.52, a quick ratio of 21.35 and a debt-to-equity ratio of 0.04. The company has a market capitalization of C$45.71 million, a price-to-earnings ratio of -27.00 and a beta of 1.57.

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.

Read More

Receive News & Ratings for Silver One Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Silver One Resources and related companies with MarketBeat.com's FREE daily email newsletter.