Silver One Resources (CVE:SVE) Trading 24.4% Higher – What’s Next?

Silver One Resources Inc. (CVE:SVEGet Free Report)’s share price rose 24.4% during mid-day trading on Thursday . The company traded as high as C$0.60 and last traded at C$0.56. Approximately 1,102,060 shares were traded during mid-day trading, an increase of 434% from the average daily volume of 206,557 shares. The stock had previously closed at C$0.45.

Silver One Resources Price Performance

The stock’s 50-day moving average price is C$0.37 and its 200-day moving average price is C$0.35. The company has a market cap of C$151.13 million, a P/E ratio of -35.00 and a beta of 1.48.

About Silver One Resources

(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.

Further Reading

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