Shares of Silver One Resources Inc. (CVE:SVE – Get Free Report) were up 22.5% on Thursday . The stock traded as high as C$0.25 and last traded at C$0.25. Approximately 274,590 shares were traded during mid-day trading, an increase of 195% from the average daily volume of 92,938 shares. The stock had previously closed at C$0.20.
Silver One Resources Stock Performance
The stock has a fifty day moving average price of C$0.20 and a 200-day moving average price of C$0.25. The company has a current ratio of 79.52, a quick ratio of 21.35 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of C$71.26 million, a price-to-earnings ratio of -27.00 and a beta of 1.57.
About Silver One Resources
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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