Silver One Resources (CVE:SVE) Stock Price Down 7.6%

Shares of Silver One Resources Inc. (CVE:SVE – Get Rating) fell 7.6% during mid-day trading on Tuesday . The company traded as low as C$0.37 and last traded at C$0.37. 222,642 shares changed hands during trading, an increase of 87% from the average session volume of 118,851 shares. The stock had previously closed at C$0.40.

Silver One Resources Stock Performance

The firm has a market cap of C$89.25 million, a PE ratio of -18.25 and a beta of 1.14. The firm has a 50-day moving average price of C$0.32 and a two-hundred day moving average price of C$0.28. The company has a quick ratio of 21.35, a current ratio of 21.95 and a debt-to-equity ratio of 0.04.

Silver One Resources Company Profile

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Silver One Resources Inc, together with its subsidiary, acquires, explores for, and develops silver properties in Canada and the United States. The company holds an option to acquire a 100% interest in the Candelaria silver project located in Nevada. It also holds interest in the Cherokee project covering an area of 5,200 hectares located in Nevada; and an option to acquire a 100% interest in the Phoenix silver property that consists of 86 unpatented lode claims and 2 unpatented placer claims located in Gila County, Arizona.