Southern Silver Exploration (CVE:SSV) Stock Price Down 10.2% - Time to Sell?

Key Points

• Southern Silver Exploration Corp. (CVE:SSV) saw its stock price decline by 10.2% to close at C$0.24, reflecting a significant drop from the previous day's closing price of C$0.27.
• The company experienced an increase in trading volume, with 1,201,749 shares changing hands, which is a 75% increase compared to the average volume of 688,493 shares.
• Southern Silver has a market capitalization of C$91.84 million and is involved in the exploration of various precious and base metals in North America, with its key project being the Cerro Las Minitas located in Durango, Mexico.

Southern Silver Exploration Corp. (CVE:SSV - ) traded down 10.2% on Wednesday . The stock traded as low as C$0.24 and last traded at C$0.24. 1,201,749 shares changed hands during trading, an increase of 75% from the average session volume of 688,493 shares. The stock had previously closed at C$0.27.

Southern Silver Exploration Stock Performance

The company has a market cap of C$91.84 million, a price-to-earnings ratio of -11.90 and a beta of 1.15. The company has a fifty day moving average of C$0.24 and a two-hundred day moving average of C$0.23.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.