Silver One Resources (CVE:SVE) Trading Down 2.8% – Here’s Why

Silver One Resources Inc. (CVE:SVEGet Free Report)’s stock price was down 2.8% during trading on Tuesday . The company traded as low as C$0.18 and last traded at C$0.18. Approximately 324,015 shares were traded during trading, an increase of 171% from the average daily volume of 119,374 shares. The stock had previously closed at C$0.18.

Silver One Resources Stock Down 2.8 %

The firm has a market capitalization of C$47.06 million, a PE ratio of -27.00 and a beta of 1.57. 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 company has a 50-day moving average price of C$0.28 and a 200 day moving average price of C$0.27.

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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