Southern Silver Exploration (CVE:SSV) Shares Up 25.9% – Should You Buy?

Southern Silver Exploration Corp. (CVE:SSVGet Free Report)’s share price shot up 25.9% during trading on Saturday . The company traded as high as C$0.37 and last traded at C$0.37. 3,098,213 shares traded hands during mid-day trading, an increase of 308% from the average session volume of 759,906 shares. The stock had previously closed at C$0.29.

Southern Silver Exploration Price Performance

The business has a 50 day moving average price of C$0.24 and a 200 day moving average price of C$0.23. The firm has a market capitalization of C$140.85 million, a P/E ratio of -18.25 and a beta of 1.15.

About Southern Silver Exploration

(Get Free Report)

Southern Silver Exploration Corp., an exploration stage company, engages in the acquisition, exploration, and development of precious/base metal properties in North America. The company explores for gold, silver, copper, lead, and zinc ores. Its flagship property is the Cerro Las Minitas project that comprises twenty-five mineral concessions covering an area of approximately 27,422 hectares located in Durango State, Mexico.

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