Southern Silver Exploration (CVE:SSV) Reaches New 12-Month High - Time to Buy?

Key Points

• Southern Silver Exploration Corp. shares reached a new 52-week high, trading at C$0.45 during mid-day trading, up from a previous close of C$0.37.
• The company's market cap stands at C$156.28 million, with a negative price-to-earnings ratio of -20.25 and a beta of 1.15.
• Southern Silver focuses on the exploration and development of precious and base metal properties, notably the Cerro Las Minitas project located in Durango State, Mexico.

Southern Silver Exploration Corp. (CVE:SSV - Get Free Report) shares reached a new 52-week high on Monday . The stock traded as high as C$0.45 and last traded at C$0.41, with a volume of 4162498 shares changing hands. The stock had previously closed at C$0.37.

Southern Silver Exploration Stock Down 1.2%

The firm's 50-day moving average price is C$0.25 and its 200 day moving average price is C$0.24. The company has a market capitalization of C$154.35 million, a P/E ratio of -20.00 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.