Silver One Resources (CVE:SVE) Shares Down 1.7% – Time to Sell?

Silver One Resources Inc. (CVE:SVEGet Free Report) traded down 1.7% during mid-day trading on Tuesday . The company traded as low as C$0.55 and last traded at C$0.59. 582,799 shares were traded during mid-day trading, a decline of 39% from the average session volume of 949,005 shares. The stock had previously closed at C$0.60.

Silver One Resources Stock Performance

The firm has a fifty day simple moving average of C$0.65 and a 200 day simple moving average of C$0.47. The company has a market capitalization of C$204.02 million, a PE ratio of -35.00 and a beta of 1.92.

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. 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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