Southern Silver Exploration (CVE:SSV) Trading 1.2% Higher - Still a Buy?

Key Points

• Southern Silver Exploration Corp. shares increased by 1.2% to C$0.42, with trading volume slightly below the average at 861,686 shares.
• The company has a market capitalization of C$160.45 million and operates in the exploration of precious and base metals, with a flagship project in Durango State, Mexico.
• Southern Silver Exploration has a P/E ratio of -20.75 and a beta of 1.85, indicating it may have higher volatility in the market.

Shares of Southern Silver Exploration Corp. (CVE:SSV - ) traded up 1.2% on Monday . The company traded as high as C$0.43 and last traded at C$0.42. 861,686 shares were traded during trading, a decline of 1% from the average session volume of 868,026 shares. The stock had previously closed at C$0.41.

Southern Silver Exploration Stock Performance

The company has a market cap of C$160.45 million, a P/E ratio of -20.75 and a beta of 1.85. The stock has a 50-day moving average of C$0.31 and a two-hundred day moving average of C$0.26.

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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