Silver One Resources (CVE:SVE) Sets New 52-Week High – Time to Buy?

Silver One Resources Inc. (CVE:SVEGet Free Report)’s stock price hit a new 52-week high on Monday . The company traded as high as C$0.68 and last traded at C$0.64, with a volume of 1600182 shares traded. The stock had previously closed at C$0.61.

Silver One Resources Trading Up 6.6%

The firm has a market cap of C$188.91 million, a PE ratio of -35.00 and a beta of 1.57. The business has a fifty day moving average of C$0.47 and a 200-day moving average of C$0.40.

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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