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Silver One Resources (CVE:SVE) Stock Price Down 2% - Should You Sell?

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Silver One Resources Inc. (CVE:SVE - Get Free Report) was down 2% on Friday . The stock traded as low as C$0.24 and last traded at C$0.24. Approximately 56,100 shares traded hands during trading, a decline of 43% from the average daily volume of 98,752 shares. The stock had previously closed at C$0.25.

Silver One Resources Stock Performance

The business has a 50-day simple moving average of C$0.22 and a 200-day simple moving average of C$0.25. The company has a market cap of C$59.92 million, a price-to-earnings ratio of -22.73 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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