Southern Silver Exploration (CVE:SSV) Shares Up 25.9% - Time to 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.

Shares of Southern Silver Exploration Corp. (CVE:SSV - ) were up 25.9% during trading on Saturday . The company traded as high as C$0.37 and last traded at C$0.37. Approximately 3,098,213 shares were traded during 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 Performance

The firm has a market capitalization of C$140.85 million, a PE ratio of -18.25 and a beta of 1.15. The company's 50 day simple moving average is C$0.24 and its 200-day simple moving average is C$0.23.

Southern Silver Exploration Company Profile

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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