Shares of Southern Silver Exploration Corp. (CVE:SSV – Get Free Report) rose 25.9% during trading on Saturday . The stock traded as high as C$0.37 and last traded at C$0.37. Approximately 3,098,213 shares traded hands during mid-day trading, an increase of 308% from the average daily volume of 759,906 shares. The stock had previously closed at C$0.29.
Southern Silver Exploration Stock Up 25.9%
The firm’s fifty day moving average price is C$0.24 and its 200 day moving average price is C$0.23. The stock has a market cap of C$140.85 million, a PE ratio of -18.25 and a beta of 1.15.
About Southern Silver Exploration
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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