Free Trial

Silver One Resources (CVE:SVE) Trading Up 3.3% - Here's What Happened

Silver One Resources logo with Basic Materials background

Key Points

  • Silver One Resources Inc. saw a stock price increase of 3.3%, reaching a high of C$0.43 during trading on Wednesday, with a volume surge of 213% compared to its average.
  • The company's current market capitalization is C$109.72 million and it has a negative PE ratio of -40.80.
  • Silver One Resources focuses on the exploration and development of silver deposits in the United States, highlighting its flagship project at the Candelaria Silver Mine in Nevada.
  • MarketBeat previews top five stocks to own in November.

Shares of Silver One Resources Inc. (CVE:SVE - Get Free Report) shot up 3.3% during mid-day trading on Wednesday . The company traded as high as C$0.43 and last traded at C$0.41. 557,413 shares traded hands during trading, an increase of 213% from the average session volume of 177,817 shares. The stock had previously closed at C$0.40.

Silver One Resources Stock Performance

The stock has a fifty day moving average of C$0.36 and a 200-day moving average of C$0.30. The company has a market cap of C$109.72 million, a PE ratio of -40.80 and a beta of 1.22.

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.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Silver One Resources Right Now?

Before you consider Silver One Resources, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Silver One Resources wasn't on the list.

While Silver One Resources currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Ride The A.I. Megaboom Cover


We are about to experience the greatest A.I. boom in stock market history...

Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.

That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.

  1. The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
  2. The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
  3. Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.

Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.

And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...

Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.

Get This Free Report
Like this article? Share it with a colleague.