Southern Silver Exploration (CVE:SSV) Stock Price Up 25.9% - Should You Buy?

Key Points

• Southern Silver Exploration Corp. (CVE:SSV) experienced a significant stock price increase of 25.9%, trading at C$0.37.
• The trading volume surged to 3,098,213 shares, which is a 308% increase compared to the average session volume of 759,906 shares.
• Southern Silver focuses on the acquisition and exploration of precious and base metal properties, with their main project located in Durango State, Mexico.

Southern Silver Exploration Corp. (CVE:SSV - Get Free Report) shares traded 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 changed hands during 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 stock has a 50-day simple moving average of C$0.25 and a 200 day simple moving average of C$0.24. The company has a market capitalization of C$156.28 million, a PE ratio of -20.25 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.