Silver One Resources (OTCMKTS:SLVRF) Stock Jumps 1.2% – Should You Buy?

Shares of Silver One Resources Inc. (OTCMKTS:SLVRF – Get Free Report) rose 1.2% during mid-day trading on Monday. The stock traded as high as $0.3498 and last traded at $0.3289. 260,176 shares were traded during trading, a decline of 33% from the average daily volume of 387,054 shares. The stock had previously closed at $0.3251.

Silver One Resources Stock Performance

The company has a 50 day moving average of $0.32 and a 200-day moving average of $0.33.

Silver One Resources Company Profile

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Silver One Resources Inc is a Canadian mineral exploration and development company focused on identifying and advancing silver projects in the United States. The company’s activities include mineral exploration, geological evaluation, drilling, resource assessment and project development, with the goal of defining economically viable silver deposits.

Its flagship Candelaria project is located in Nevada and covers a historic silver-producing district. Silver One has also pursued exploration opportunities at the Cherokee project in Nevada and the Phoenix Silver project in Arizona.

Further Reading

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