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Southern Silver Exploration (CVE:SSV) Trading 2.4% Higher - Still a 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.
  • MarketBeat previews the top five stocks to own by October 1st.

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

Southern Silver Exploration Stock Up 4.8%

The stock has a 50 day moving average price of C$0.23 and a two-hundred day moving average price of C$0.23. The company has a market cap of C$84.83 million, a P/E ratio of -11.00 and a beta of 1.31.

Southern Silver Exploration Company Profile

(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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