Southern Silver Exploration (CVE:SSV) Trading Up 2.3% - Should You Buy?

Key Points

• Southern Silver Exploration Corp. (CVE:SSV) saw its stock rise by 2.3% during recent trading, reaching a last recorded price of C$0.23 with a significant increase in trading volume.
• The company's market capitalization stands at C$69.62 million, with a P/E ratio of -13.01, indicating a loss in earnings per share.
• Southern Silver primarily engages in the exploration and development of precious and base metal properties, notably the Cerro Las Minitas project in Mexico.

Southern Silver Exploration Corp. (CVE:SSV - ) traded up 2.3% during trading on Thursday . The company traded as high as C$0.24 and last traded at C$0.23. 6,626,969 shares were traded during mid-day trading, an increase of 1,258% from the average session volume of 487,929 shares. The stock had previously closed at C$0.22.

Southern Silver Exploration Stock Up 2.3%

The business has a fifty day moving average of C$0.25 and a 200 day moving average of C$0.23. The firm has a market cap of C$69.62 million, a P/E ratio of -13.01 and a beta of 1.95.

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.

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