Southern Silver Exploration (CVE:SSV) Stock Price Up 25.9% - Here's What Happened

Key Points

• Southern Silver Exploration Corp. (CVE:SSV) saw a significant increase of 25.9% in its stock price during trading, reaching C$0.37.
• The trading volume surged to approximately 3,098,213 shares, which is an increase of 308% compared to its average daily volume of 759,906 shares.
• The company's market capitalization is C$140.85 million and it operates primarily in the exploration of precious and base metal properties in North America, notably the Cerro Las Minitas project in Mexico.

Southern Silver Exploration Corp. (CVE:SSV - Get Free Report) shares traded up 25.9% on Saturday . The stock traded as high as C$0.37 and last traded at C$0.37. 3,098,213 shares traded hands during mid-day trading, an increase of 308% from the average session volume of 759,906 shares. The stock had previously closed at C$0.29.

Southern Silver Exploration Trading Up 11.0%

The firm has a market capitalization of C$156.28 million, a PE ratio of -20.25 and a beta of 1.15. The firm has a 50-day moving average of C$0.24 and a two-hundred day moving average of C$0.23.

About Southern Silver Exploration

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.