Silver One Resources (CVE:SVE) Hits New 1-Year High – Should You Buy?

Silver One Resources Inc. (CVE:SVEGet Free Report)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as C$0.60 and last traded at C$0.60, with a volume of 1040843 shares changing hands. The stock had previously closed at C$0.57.

Silver One Resources Stock Up 5.3%

The company’s 50-day moving average is C$0.41 and its 200 day moving average is C$0.37. The company has a market cap of C$174.38 million, a price-to-earnings ratio of -35.00 and a beta of 1.48.

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. The company was formerly known as BRS Ventures Ltd. and changed its name to Silver One Resources Inc in September 2016.

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