Southern Silver Exploration (CVE:SSV) Stock Price Down 15.2% - Should You Sell?

Southern Silver Exploration Corp. (CVE:SSV - Get Free Report)'s stock price fell 15.2% during mid-day trading on Wednesday . The company traded as low as C$0.20 and last traded at C$0.20. 2,763,799 shares traded hands during trading, an increase of 872% from the average session volume of 284,336 shares. The stock had previously closed at C$0.23.

Analyst Ratings Changes

Separately, Fundamental Research set a C$0.71 target price on Southern Silver Exploration and gave the stock a "buy" rating in a research note on Tuesday, March 18th.

Southern Silver Exploration Stock Down 3.5%

The firm has a 50 day simple moving average of C$0.22 and a two-hundred day simple moving average of C$0.22. The stock has a market capitalization of C$68.07 million, a P/E ratio of -12.72 and a beta of 1.95.

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.