Silver One Resources (CVE:SVE) Shares Down 11.1% – Should You Sell?

Silver One Resources Inc. (CVE:SVEGet Free Report)’s share price was down 11.1% during trading on Wednesday . The stock traded as low as C$0.24 and last traded at C$0.24. Approximately 14,000 shares were traded during mid-day trading, a decline of 85% from the average daily volume of 95,881 shares. The stock had previously closed at C$0.27.

Silver One Resources Trading Down 11.1 %

The stock has a market capitalization of C$68.49 million, a PE ratio of -25.97 and a beta of 1.57. The company’s 50-day moving average is C$0.25 and its 200 day moving average is C$0.26.

About Silver One Resources

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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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