Southern Silver Exploration Corp. (CVE:SSV - Get Free Report) shares fell 15.2% on Wednesday . The stock traded as low as C$0.20 and last traded at C$0.20. 2,763,799 shares traded hands during mid-day trading, an increase of 872% from the average session volume of 284,336 shares. The stock had previously closed at C$0.23.
Analyst Upgrades and Downgrades
Separately, Fundamental Research set a C$0.71 price target on shares of Southern Silver Exploration and gave the stock a "buy" rating in a research report on Tuesday, March 18th.
Read Our Latest Report on SSV
Southern Silver Exploration Stock Performance
The stock has a market capitalization of C$68.07 million, a P/E ratio of -12.72 and a beta of 1.95. The company's 50-day moving average price is C$0.22 and its 200 day moving average price is C$0.22.
About Southern Silver Exploration
(
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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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