Silver One Resources (CVE:SVE) Trading 10.7% Higher – What’s Next?

Silver One Resources Inc. (CVE:SVEGet Free Report)’s share price rose 10.7% on Tuesday . The company traded as high as C$0.31 and last traded at C$0.31. Approximately 55,000 shares traded hands during trading, a decline of 55% from the average daily volume of 121,650 shares. The stock had previously closed at C$0.28.

Silver One Resources Stock Performance

The company has a debt-to-equity ratio of 0.04, a quick ratio of 21.35 and a current ratio of 79.52. The company has a market cap of C$83.36 million, a PE ratio of -27.00 and a beta of 1.57. The company’s 50 day moving average price is C$0.31 and its 200-day moving average price is C$0.28.

Silver One Resources Company Profile

(Get Free Report)

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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