Shares of Southern Silver Exploration Corp. (CVE:SSV - Get Free Report) were down 15.2% during mid-day trading on Tuesday . The company traded as low as C$0.20 and last traded at C$0.20. Approximately 2,763,799 shares changed hands during mid-day trading, an increase of 872% from the average daily volume of 284,336 shares. The stock had previously closed at C$0.23.
Analyst Ratings Changes
Separately, Fundamental Research set a C$0.71 price target on Southern Silver Exploration and gave the company a "buy" rating in a report on Tuesday, March 18th.
Get Our Latest Stock Report on SSV
Southern Silver Exploration Trading Down 3.5%
The firm has a fifty day moving average price of C$0.22 and a 200 day moving average price of C$0.22. The firm has a market cap of C$68.07 million, a PE ratio of -12.72 and a beta of 1.95.
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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