Silver One Resources (CVE:SVE) Stock Price Up 4.7%

Silver One Resources Inc. (CVE:SVEGet Free Report)’s share price rose 4.7% during trading on Thursday . The company traded as high as C$0.36 and last traded at C$0.34. Approximately 279,631 shares traded hands during mid-day trading, an increase of 145% from the average daily volume of 114,227 shares. The stock had previously closed at C$0.32.

Silver One Resources Stock Performance

The stock has a 50 day moving average of C$0.26 and a 200 day moving average of C$0.27. The company has a quick ratio of 21.35, a current ratio of 79.52 and a debt-to-equity ratio of 0.04. The company has a market capitalization of C$86.04 million, a price-to-earnings ratio of -27.00 and a beta of 1.55.

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.

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