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Silver One Resources (CVE:SVE) Trading 1.9% Higher - Should You Buy?

Silver One Resources logo with Basic Materials background

Shares of Silver One Resources Inc. (CVE:SVE - Get Free Report) shot up 1.9% on Thursday . The company traded as high as C$0.29 and last traded at C$0.27. 310,292 shares changed hands during trading, an increase of 188% from the average session volume of 107,766 shares. The stock had previously closed at C$0.27.

Silver One Resources Trading Up 10.2%

The business has a fifty day simple moving average of C$0.26 and a two-hundred day simple moving average of C$0.24. The stock has a market cap of C$77.05 million, a PE ratio of -29.22 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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