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Southern Silver Exploration (CVE:SSV) Trading Up 2.4% - Time to Buy?

Southern Silver Exploration logo with Basic Materials background

Key Points

  • Southern Silver Exploration Corp. (CVE:SSV) saw its stock price rise by 2.4% during mid-day trading, reaching a high of C$0.22 and staying at C$0.21 with increased trading volume.
  • The company's market cap stands at C$64.98 million, with a negative PE ratio of -12.14, indicating potential challenges in profitability.
  • Southern Silver Exploration primarily focuses on acquiring and exploring precious and base metals, with its flagship property being the Cerro Las Minitas project in Durango State, Mexico.
  • Five stocks to consider instead of Southern Silver Exploration.

Shares of Southern Silver Exploration Corp. (CVE:SSV - Get Free Report) shot up 2.4% during mid-day trading on Thursday . The company traded as high as C$0.22 and last traded at C$0.21. 1,581,075 shares were traded during trading, an increase of 176% from the average session volume of 571,956 shares. The stock had previously closed at C$0.21.

Southern Silver Exploration Price Performance

The stock's fifty day moving average price is C$0.24 and its 200-day moving average price is C$0.23. The firm has a market cap of C$100.33 million, a price-to-earnings ratio of -13.00 and a beta of 1.31.

About Southern Silver Exploration

(Get Free Report)

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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