Silver One Resources (CVE:SVE) Trading Up 22.5% – Should You Buy?

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

Silver One Resources Price Performance

The company has a quick ratio of 21.35, a current ratio of 79.52 and a debt-to-equity ratio of 0.04. The stock has a 50-day simple moving average of C$0.20 and a 200 day simple moving average of C$0.25. The company has a market cap of C$65.88 million, a PE ratio of -27.00 and a beta of 1.57.

About Silver One Resources

(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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