Southern Silver Exploration (CVE:SSV) Trading 13% Higher - Still a Buy?

Key Points

• 13% jump — Southern Silver's stock rose 13% to C$0.52 on Monday, with 509,275 shares traded, a 71% decline from its average daily volume, indicating the move occurred on lighter-than-normal trading.
• Technicals & valuation — The company has a market cap of C$209.6M, a negative P/E of -17.33 and a beta of 2.04, and its share price remains below both the 50‑day (C$0.74) and 200‑day (C$0.56) moving averages.
• Business focus — Southern Silver is an exploration-stage miner targeting silver, gold, copper, lead and zinc, with its flagship Cerro Las Minitas project covering about 27,422 hectares in Durango, Mexico.

Southern Silver Exploration Corp. (CVE:SSV - )'s stock price traded up 13% on Monday . The stock traded as high as C$0.52 and last traded at C$0.52. 509,275 shares were traded during trading, a decline of 71% from the average session volume of 1,767,611 shares. The stock had previously closed at C$0.46.

Southern Silver Exploration Trading Up 13.0%

The stock has a market capitalization of C$209.59 million, a PE ratio of -17.33 and a beta of 2.04. The stock's fifty day simple moving average is C$0.74 and its 200-day simple moving average is C$0.56.

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. The company was formerly known as Newcoast Silver Mines Ltd. and changed its name to Southern Silver Exploration Corp.

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