Southern Silver Exploration Corp. (CVE:SSV - Get Free Report)'s share price was down 13.6% during mid-day trading on Wednesday . The stock traded as low as C$0.26 and last traded at C$0.26. Approximately 2,832,587 shares were traded during trading, an increase of 742% from the average daily volume of 336,232 shares. The stock had previously closed at C$0.30.
Wall Street Analysts Forecast Growth
Separately, Fundamental Research set a C$0.71 price target on shares of Southern Silver Exploration and gave the stock a "buy" rating in a report on Tuesday, March 18th.
Read Our Latest Stock Analysis on SSV
Southern Silver Exploration Stock Performance
The firm's 50 day moving average price is C$0.24 and its two-hundred day moving average price is C$0.22. The company has a market cap of C$78.90 million, a P/E ratio of -14.74 and a beta of 1.95.
About Southern Silver Exploration
(
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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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