Southern Silver Exploration Corp. (CVE:SSV - Get Free Report) shares dropped 15.2% on Tuesday . The stock traded as low as C$0.20 and last traded at C$0.20. Approximately 2,763,799 shares changed hands during trading, an increase of 872% from the average daily volume of 284,336 shares. The stock had previously closed at C$0.23.
Wall Street Analysts Forecast Growth
Separately, Fundamental Research set a C$0.71 target price on Southern Silver Exploration and gave the company a "buy" rating in a research note on Tuesday, March 18th.
Read Our Latest Analysis on SSV
Southern Silver Exploration Stock Performance
The stock's fifty day moving average is C$0.22 and its two-hundred day moving average is C$0.22. The firm has a market cap of C$60.34 million, a price-to-earnings ratio of -11.28 and a beta of 1.95.
Southern Silver Exploration Company Profile
(
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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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