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Southern Silver Exploration (CVE:SSV) Stock Price Down 12.5% - Here's What Happened

Southern Silver Exploration logo with Basic Materials background

Southern Silver Exploration Corp. (CVE:SSV - Get Free Report)'s share price traded down 12.5% during trading on Wednesday . The company traded as low as C$0.26 and last traded at C$0.26. 1,128,922 shares were traded during trading, an increase of 250% from the average session volume of 322,114 shares. The stock had previously closed at C$0.30.

Southern Silver Exploration Price Performance

The business has a fifty day simple moving average of C$0.24 and a 200 day simple moving average of C$0.22. The firm has a market cap of C$77.35 million, a price-to-earnings ratio of -14.46 and a beta of 1.95.

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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