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Silver One Resources (CVE:SVE) Shares Up 3.8% - Still a Buy?

Silver One Resources logo with Basic Materials background

Silver One Resources Inc. (CVE:SVE - Get Free Report)'s stock price shot up 3.8% on Wednesday . The stock traded as high as C$0.29 and last traded at C$0.28. 464,531 shares changed hands during trading, an increase of 381% from the average session volume of 96,531 shares. The stock had previously closed at C$0.27.

Silver One Resources Stock Performance

The stock has a market cap of C$78.47 million, a price-to-earnings ratio of -29.76 and a beta of 1.57. The company has a 50-day simple moving average of C$0.24 and a two-hundred day simple moving average of C$0.24.

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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