Silver One Resources (CVE:SVE) Stock Price Down 10.3% – Should You Sell?

by · The Cerbat Gem

Silver One Resources Inc. (CVE:SVE – Get Free Report)’s share price traded down 10.3% during trading on Thursday . The stock traded as low as C$0.50 and last traded at C$0.52. 278,885 shares changed hands during trading, an increase of 29% from the average session volume of 216,368 shares. The stock had previously closed at C$0.58.

Silver One Resources Stock Performance

The stock’s 50-day moving average price is C$0.39 and its two-hundred day moving average price is C$0.36. The stock has a market capitalization of C$156.94 million, a PE ratio of -35.00 and a beta of 1.48.

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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