Southern Silver Exploration (CVE:SSV) Trading Up 15.8% - Should You Buy?

Southern Silver Exploration Corp. (CVE:SSV - Get Free Report) shares were up 15.8% during trading on Monday . The stock traded as high as C$0.33 and last traded at C$0.33. Approximately 749,773 shares were traded during mid-day trading, an increase of 152% from the average daily volume of 297,366 shares. The stock had previously closed at C$0.29.

Southern Silver Exploration Stock Performance

The company's fifty day simple moving average is C$0.24 and its 200 day simple moving average is C$0.22. The stock has a market capitalization of C$78.90 million, a P/E ratio of -14.74 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.