Southern Silver Exploration (CVE:SSV) Trading 25.9% Higher - What's Next?

Key Points

• Southern Silver Exploration Corp. shares surged by 25.9% on Saturday, reaching a trading high of C$0.37 compared to the previous close of C$0.29.
• Trading volume increased significantly with over 3 million shares exchanged, marking a 308% rise from the average session volume.
• The company is an exploration stage firm focused on developing precious and base metal properties in North America, particularly the Cerro Las Minitas project in Mexico.

Shares of Southern Silver Exploration Corp. (CVE:SSV - ) traded up 25.9% on Saturday . The company traded as high as C$0.37 and last traded at C$0.37. 3,098,213 shares changed hands during 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 25.9%

The business has a fifty day simple moving average of C$0.24 and a two-hundred day simple moving average of C$0.23. The stock has a market cap of C$140.85 million, a PE ratio of -18.25 and a beta of 1.15.

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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