Southern Silver Exploration (CVE:SSV) Stock Price Up 15.8% - Time to Buy?

Southern Silver Exploration Corp. (CVE:SSV - Get Free Report)'s stock price traded up 15.8% on Monday . The company traded as high as C$0.34 and last traded at C$0.33. 1,375,848 shares traded hands during trading, an increase of 352% from the average session volume of 304,702 shares. The stock had previously closed at C$0.29.

Wall Street Analyst Weigh In

Separately, Fundamental Research set a C$0.71 price objective on shares of Southern Silver Exploration and gave the company a "buy" rating in a research report on Tuesday, March 18th.

Southern Silver Exploration Trading Up 8.8%

The business's 50-day moving average is C$0.24 and its two-hundred day moving average is C$0.22. The firm has a market cap of C$95.92 million, a P/E ratio of -17.92 and a beta of 1.95.

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.