Silver One Resources (CVE:SVE) Trading 2.3% Higher – Still a Buy?

Silver One Resources Inc. (CVE:SVE) shares rose 2.3% during trading on Tuesday . The stock traded as high as C$0.23 and last traded at C$0.23. Approximately 41,201 shares were traded during trading, a decline of 66% from the average daily volume of 121,022 shares. The stock had previously closed at C$0.22.

Silver One Resources Stock Performance

The company has a current ratio of 79.52, a quick ratio of 21.35 and a debt-to-equity ratio of 0.04. The stock has a market cap of C$60.50 million, a price-to-earnings ratio of -27.00 and a beta of 1.57. The firm has a fifty day simple moving average of C$0.30 and a 200-day simple moving average of C$0.28.

About Silver One Resources

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.