Silver One Resources (CVE:SVE) Trading 18.2% Higher

Silver One Resources Inc (CVE:SVE) traded up 18.2% on Monday . The company traded as high as C$0.47 and last traded at C$0.46, 425,100 shares changed hands during mid-day trading. An increase of 154% from the average session volume of 167,065 shares. The stock had previously closed at C$0.39.

The company has a quick ratio of 1.72, a current ratio of 1.83 and a debt-to-equity ratio of 3.72. The company’s 50-day moving average is C$0.24. The firm has a market cap of $56.77 million and a P/E ratio of -24.06.

Silver One Resources Company Profile (CVE:SVE)

Silver One Resources Inc, through its subsidiary, acquires, explores for, and develops silver properties in Mexico and Canada. The company has 100% interest in the La Frazada property that covers an area of 299 hectares located in the State of Nayarit, Mexico; and Candelaria property located in Nevada, the United States.

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