Southern Silver Exploration (CVE:SSV) Stock Price Up 25.9% - What's Next?

Key Points

• Southern Silver Exploration Corp.'s stock surged by 25.9% to C$0.37, driven by a significant increase in trading volume.
• The company operates in the precious metals exploration sector, with its main project being the Cerro Las Minitas property in Mexico, which covers over 27,422 hectares.
• Southern Silver has a market capitalization of approximately C$140.85 million and reported a price-to-earnings ratio of -18.25.

Southern Silver Exploration Corp. (CVE:SSV - Get Free Report) shares shot up 25.9% on Saturday . The company traded as high as C$0.37 and last traded at C$0.37. 3,098,213 shares were traded during trading, an increase of 308% from the average session volume of 759,906 shares. The stock had previously closed at C$0.29.

Southern Silver Exploration Stock Up 11.0%

The stock's fifty day moving average is C$0.25 and its two-hundred day moving average is C$0.24. The firm has a market capitalization of C$156.28 million, a price-to-earnings ratio of -20.25 and a beta of 1.15.

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.