Silver One Resources (CVE:SVE) Shares Down 13.2%

Shares of Silver One Resources Inc (CVE:SVE) were down 13.2% on Monday . The stock traded as low as C$0.32 and last traded at C$0.33, approximately 133,451 shares traded hands during mid-day trading. A decline of 24% from the average daily volume of 176,481 shares. The stock had previously closed at C$0.38.

The company has a current ratio of 1.83, a quick ratio of 1.72 and a debt-to-equity ratio of 3.72. The firm has a market capitalization of $56.03 million and a P/E ratio of -21.88. The company has a 50 day simple moving average of C$0.28 and a two-hundred day simple moving average of C$0.21.

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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