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Southern Silver Exploration (CVE:SSV) Trading 25.9% Higher - Should You Buy?

Southern Silver Exploration logo with Basic Materials background

Key Points

  • Southern Silver Exploration Corp. shares surged by 25.9%, reaching a trading price of C$0.37 on Friday.
  • The company's trading volume saw a significant increase of 308%, with over 3 million shares changing hands.
  • Southern Silver explores for various metals, with its flagship project being the Cerro Las Minitas located in Mexico, spanning approximately 27,422 hectares.
  • Interested in Southern Silver Exploration? Here are five stocks we like better.

Southern Silver Exploration Corp. (CVE:SSV - Get Free Report) rose 25.9% on Friday . The company traded as high as C$0.37 and last traded at C$0.37. Approximately 3,098,213 shares changed 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 25.9%

The company has a 50-day moving average of C$0.24 and a 200-day moving average of C$0.23. The firm has a market capitalization of C$140.85 million, a price-to-earnings ratio of -18.25 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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