Silver One Resources (CVE:SVE) Trading 22.5% Higher – Time to Buy?

Silver One Resources Inc. (CVE:SVEGet Free Report)’s stock price traded up 22.5% during trading on Friday . The stock traded as high as C$0.25 and last traded at C$0.25. 274,590 shares traded hands during mid-day trading, an increase of 193% from the average session volume of 93,867 shares. The stock had previously closed at C$0.20.

Silver One Resources Stock Performance

The stock has a market capitalization of C$71.26 million, a PE ratio of -27.00 and a beta of 1.57. 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 firm’s 50-day simple moving average is C$0.20 and its two-hundred day simple moving average is C$0.25.

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.

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