Silver One Resources (CVE:SVE) Share Price Breaks Above 50-Day Moving Average – What’s Next?

Shares of Silver One Resources Inc. (CVE:SVE – Get Free Report) crossed above its fifty day moving average during trading on Monday. The stock has a fifty day moving average of C$0.42 and traded as high as C$0.43. Silver One Resources shares last traded at C$0.43, with a volume of 886,988 shares trading hands.

Silver One Resources Price Performance

The stock has a market capitalization of C$151.80 million, a P/E ratio of -43.00 and a beta of 1.50. The stock’s fifty day moving average is C$0.42 and its two-hundred day moving average is C$0.49.

About Silver One Resources

(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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