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

Southern Silver Exploration logo with Basic Materials background

Key Points

  • Southern Silver Exploration Corp. saw a significant stock price increase of 25.9% during mid-day trading on Saturday, reaching a last trade price of C$0.37.
  • Trading volume surged to over 3 million shares, which is a 308% increase from the average session volume.
  • The company has a market capitalization of C$140.85 million and is focused on exploring precious/base metals in North America, notably at its flagship Cerro Las Minitas project in Mexico.
  • Five stocks to consider instead of Southern Silver Exploration.

Shares of Southern Silver Exploration Corp. (CVE:SSV - Get Free Report) were up 25.9% during mid-day trading on Saturday . The company traded as high as C$0.37 and last traded at C$0.37. Approximately 3,098,213 shares traded hands during mid-day 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 Trading Up 1.2%

The business has a 50 day moving average of C$0.25 and a 200-day moving average of C$0.24. The stock has a market cap of C$158.21 million, a PE ratio of -20.50 and a beta of 1.15.

About Southern Silver Exploration

(Get Free Report)

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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