Silver One Resources (CVE:SVE) Stock Price Down 2.5% – Here’s What Happened

Silver One Resources Inc. (CVE:SVEGet Free Report) shares fell 2.5% during mid-day trading on Tuesday . The company traded as low as C$0.39 and last traded at C$0.40. Approximately 185,763 shares traded hands during mid-day trading, a decline of 64% from the average daily volume of 511,739 shares. The stock had previously closed at C$0.41.

Silver One Resources Stock Down 2.5%

The firm has a fifty day simple moving average of C$0.46 and a 200-day simple moving average of C$0.57. The company has a market cap of C$139.45 million, a PE ratio of -39.50 and a beta of 2.43.

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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