Silver One Resources (CVE:SVE) Stock Falls 4.6% – What’s Next?

Silver One Resources Inc. (CVE:SVE – Get Free Report)’s stock price traded down 4.6% during trading on Friday. The company traded as low as C$0.30 and last traded at C$0.31. Approximately 358,713 shares traded hands during mid-day trading, a decline of 8% from the average session volume of 388,268 shares. The stock had previously closed at C$0.33.

Silver One Resources Stock Performance

The stock’s 50 day moving average price is C$0.43 and its 200-day moving average price is C$0.51. The company has a market cap of C$109.44 million, a PE ratio of -31.00 and a beta of 1.89.

Silver One Resources Company Profile

(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. 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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