Silver One Resources (CVE:SVE) Trading Up 24.4% – Here’s Why

by · The Markets Daily

Silver One Resources Inc. (CVE:SVE – Get Free Report) shot up 24.4% on Thursday . The company traded as high as C$0.60 and last traded at C$0.56. 1,102,060 shares were traded during mid-day trading, an increase of 434% from the average session volume of 206,557 shares. The stock had previously closed at C$0.45.

Silver One Resources Price Performance

The company has a market capitalization of C$142.41 million, a P/E ratio of -35.00 and a beta of 1.48. The stock has a 50-day moving average price of C$0.38 and a 200-day moving average price of C$0.35.

About Silver One Resources

(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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