Silver One Resources (CVE:SVE) Stock Price Up 10.7% – Should You Buy?

Shares of Silver One Resources Inc. (CVE:SVEGet Free Report) were up 10.7% during mid-day trading on Tuesday . The company traded as high as C$0.31 and last traded at C$0.31. Approximately 55,000 shares changed hands during trading, a decline of 55% from the average daily volume of 121,650 shares. The stock had previously closed at C$0.28.

Silver One Resources Price Performance

The business has a 50 day moving average price of C$0.31 and a two-hundred day moving average price of C$0.28. The stock has a market cap of C$76.63 million, a PE ratio of -27.00 and a beta of 1.57. The company has a debt-to-equity ratio of 0.04, a quick ratio of 21.35 and a current ratio of 79.52.

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.

Further Reading

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