Silver One Resources (CVE:SVE) Trading Down 11.1% – Should You Sell?

Silver One Resources Inc. (CVE:SVEGet Free Report)’s share price was down 11.1% during mid-day trading on Wednesday . The company traded as low as C$0.24 and last traded at C$0.24. Approximately 14,000 shares traded hands during mid-day trading, a decline of 85% from the average daily volume of 95,881 shares. The stock had previously closed at C$0.27.

Silver One Resources Price Performance

The stock has a market cap of C$72.77 million, a P/E ratio of -27.59 and a beta of 1.57. The firm’s 50 day moving average price is C$0.25 and its 200-day moving average price is C$0.26.

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.

See Also

Receive News & Ratings for Silver One Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Silver One Resources and related companies with MarketBeat.com's FREE daily email newsletter.