Silver One Resources (CVE:SVE) Reaches New 12-Month High – Still a Buy?
by Michael Walen · The Markets DailySilver One Resources Inc. (CVE:SVE – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as C$0.68 and last traded at C$0.64, with a volume of 1600182 shares trading hands. The stock had previously closed at C$0.61.
Silver One Resources Stock Performance
The company has a market capitalization of C$188.91 million, a P/E ratio of -35.00 and a beta of 1.57. The stock has a 50 day moving average price of C$0.47 and a 200 day moving average price of C$0.40.
Silver One Resources Company Profile
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.