Silver One Resources Inc. (CVE:SVE – Get Free Report) traded down 8.7% on Thursday . The company traded as low as C$0.40 and last traded at C$0.42. 269,765 shares were traded during trading, an increase of 32% from the average session volume of 203,690 shares. The stock had previously closed at C$0.46.
Silver One Resources Trading Down 8.7%
The firm has a market cap of C$122.07 million, a price-to-earnings ratio of -35.00 and a beta of 1.51. The company has a fifty day moving average price of C$0.37 and a 200-day moving average price of C$0.34.
About Silver One Resources
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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