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Silver One Resources (CVE:SVE) Shares Down 11.1% - Should You Sell?

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Shares of Silver One Resources Inc. (CVE:SVE - Get Free Report) were down 11.1% during trading on Wednesday . The company traded as low as C$0.24 and last traded at C$0.24. Approximately 14,000 shares traded hands during trading, a decline of 85% from the average daily volume of 95,881 shares. The stock had previously closed at C$0.27.

Silver One Resources Price Performance

The company's 50-day moving average price is C$0.25 and its two-hundred day moving average price is C$0.26. The company has a market capitalization of C$72.77 million, a P/E ratio of -27.59 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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