Silver One Resources (CVE:SVE) Shares Down 1.7% – Time to Sell?

Silver One Resources Inc. (CVE:SVEGet Free Report)’s share price was down 1.7% during mid-day trading on Tuesday . The stock traded as low as C$0.55 and last traded at C$0.59. Approximately 582,799 shares were traded during trading, a decline of 39% from the average daily volume of 949,005 shares. The stock had previously closed at C$0.60.

Silver One Resources Trading Down 1.7%

The firm has a market cap of C$204.02 million, a PE ratio of -35.00 and a beta of 1.92. The business’s 50-day simple moving average is C$0.65 and its 200 day simple moving average is C$0.47.

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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