Silver One Resources (CVE:SVE) Sets New 12-Month High – Still a Buy?

Silver One Resources Inc. (CVE:SVEGet Free Report)’s share price reached a new 52-week high on Monday . The company traded as high as C$0.95 and last traded at C$0.92, with a volume of 1433548 shares traded. The stock had previously closed at C$0.83.

Silver One Resources Stock Up 3.6%

The firm has a 50-day moving average price of C$0.55 and a two-hundred day moving average price of C$0.43. The company has a market capitalization of C$249.94 million, a P/E ratio of -35.00 and a beta of 1.57.

Silver One Resources Company Profile

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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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