Silver One Resources (CVE:SVE) Reaches New 52-Week High – What’s Next?

Silver One Resources Inc. (CVE:SVEGet Free Report) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$0.60 and last traded at C$0.60, with a volume of 404793 shares trading hands. The stock had previously closed at C$0.54.

Silver One Resources Trading Up 5.9%

The stock has a 50 day simple moving average of C$0.39 and a 200 day simple moving average of C$0.36. The firm 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

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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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