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

Key Points

• Southern Silver Exploration Corp. saw a significant increase of 25.9% in its stock price, trading at C$0.37 during mid-day sessions.
• The company's trading volume surged by 308%, with approximately 3 million shares exchanged compared to an average daily volume of about 759,906 shares.
• Southern Silver specializes in the exploration and development of precious and base metal properties in North America, with its flagship project located in Durango State, Mexico.

Southern Silver Exploration Corp. (CVE:SSV - Get Free Report)'s share price 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 Trading Up 13.7%

The firm has a market cap of C$160.14 million, a P/E ratio of -20.75 and a beta of 1.15. The business's fifty day moving average price is C$0.24 and its two-hundred day moving average price is C$0.23.

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.