Silver One Resources (CVE:SVE) Stock Price Down 2.1% – Here’s What Happened

Silver One Resources Inc. (CVE:SVE – Get Free Report)’s stock price dropped 2.1% on Wednesday . The stock traded as low as C$0.46 and last traded at C$0.46. Approximately 98,660 shares were traded during mid-day trading, a decline of 77% from the average session volume of 436,961 shares. The stock had previously closed at C$0.47.

Silver One Resources Stock Down 2.1%

The stock has a market capitalization of C$162.39 million, a price-to-earnings ratio of -46.00 and a beta of 2.22. The business’s 50-day moving average is C$0.42 and its two-hundred day moving average is C$0.49.

About Silver One Resources

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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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