Silver One Resources (OTCMKTS:SLVRF) Shares Down 11.1% – Here’s Why

Silver One Resources Inc. (OTCMKTS:SLVRF)’s share price fell 11.1% during mid-day trading on Tuesday . The company traded as low as $0.4357 and last traded at $0.4535. 695,582 shares changed hands during mid-day trading, a decline of 1% from the average session volume of 701,375 shares. The stock had previously closed at $0.51.

Silver One Resources Price Performance

The firm’s 50 day simple moving average is $0.49 and its two-hundred day simple moving average is $0.36.

Silver One Resources Company Profile

Silver One Resources Inc is a Canada‐based mineral exploration and royalty company focused primarily on silver properties in the Americas. The company’s principal activities include the acquisition, exploration and development of high‐potential silver projects, as well as the consolidation of silver‐focused royalties. Silver One is publicly traded on the OTC Markets under the symbol SLVRF.

Silver One’s project portfolio spans key silver districts in North and South America. In Mexico, it holds a 100% interest in the San Marcial Silver Project in Sinaloa, where historical workings and near‐surface oxide mineralization provide targets for rapid, low‐cost drilling.