Silver One Resources (OTCMKTS:SLVRF) Stock Crosses Above 50-Day Moving Average – Should You Sell?

Silver One Resources Inc. (OTCMKTS:SLVRF – Get Free Report) crossed above its fifty day moving average during trading on Monday. The stock has a fifty day moving average of $0.30 and traded as high as $0.3174. Silver One Resources shares last traded at $0.3045, with a volume of 786,993 shares trading hands.

Silver One Resources Stock Up 16.2%

The firm’s fifty day moving average price is $0.30 and its 200 day moving average price is $0.36.

Silver One Resources Company Profile

(Get Free Report)

Silver One Resources Inc is a mineral exploration and development company focused on the acquisition, evaluation and advancement of silver projects. The company’s activities include geological exploration, resource evaluation, permitting and project development aimed at identifying economically viable silver deposits.

Silver One’s principal asset is the Candelaria Silver Project in Nevada, a past-producing open-pit silver mine. The company has also pursued exploration opportunities at the Cherokee project in Nevada and the Plata project in Mexico.

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