Silver One Resources (CVE:SVE) Sets New 1-Year High – Here’s What Happened

Silver One Resources Inc. (CVE:SVEGet Free Report) reached a new 52-week high on Tuesday . The company traded as high as C$0.60 and last traded at C$0.60, with a volume of 592299 shares. The stock had previously closed at C$0.57.

Silver One Resources Stock Performance

The stock’s 50 day simple moving average is C$0.41 and its two-hundred day simple moving average is C$0.37. The firm has a market capitalization of C$165.66 million, a PE ratio of -35.00 and a beta of 1.48.

About Silver One Resources

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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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