Silver One Resources (CVE:SVE) Stock Price Up 22.5% – Should You Buy?

Silver One Resources Inc. (CVE:SVEGet Free Report) shares rose 22.5% during mid-day trading on Thursday . The stock traded as high as C$0.25 and last traded at C$0.25. Approximately 274,590 shares changed hands during trading, an increase of 193% from the average daily volume of 93,867 shares. The stock had previously closed at C$0.20.

Silver One Resources Trading Up 22.5 %

The company has a debt-to-equity ratio of 0.04, a current ratio of 79.52 and a quick ratio of 21.35. The business’s fifty day simple moving average is C$0.20 and its 200 day simple moving average is C$0.25. The stock has a market cap of C$65.88 million, a price-to-earnings ratio of -27.00 and a beta of 1.57.

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.

Read More

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.