Silver One Resources (CVE:SVE) Trading 22.5% Higher – What’s Next?

Shares of Silver One Resources Inc. (CVE:SVEGet Free Report) rose 22.5% during trading on Thursday . The stock traded as high as C$0.25 and last traded at C$0.25. Approximately 274,590 shares traded hands during mid-day trading, an increase of 193% from the average daily volume of 93,867 shares. The stock had previously closed at C$0.20.

Silver One Resources Price 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 stock’s 50-day moving average is C$0.20 and its two-hundred day moving average is C$0.25. The stock has a market cap of C$65.88 million, a PE ratio of -27.00 and a beta of 1.57.

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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