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

Silver One Resources Inc. (CVE:SVEGet Free Report) traded up 22.5% during trading on Thursday . The company traded as high as C$0.25 and last traded at C$0.25. 274,590 shares traded 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 Trading Up 8.2 %

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 company has a market cap of C$71.26 million, a price-to-earnings ratio of -27.00 and a beta of 1.57. The firm has a 50 day moving average price of C$0.20 and a two-hundred day moving average price of C$0.25.

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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