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

Key Points

• Southern Silver Exploration Corp. saw its stock price increase by 25.9% to C$0.37, with a trading volume that was 308% higher than its average daily volume.
• The company has a market capitalization of C$140.85 million and operates in the acquisition and exploration of precious/base metal properties, primarily in North America.
• Its flagship project, Cerro Las Minitas, is located in Durango State, Mexico, and includes twenty-five mineral concessions over approximately 27,422 hectares.

Southern Silver Exploration Corp. (CVE:SSV - )'s stock price was up 25.9% during mid-day trading on Saturday . The company traded as high as C$0.37 and last traded at C$0.37. Approximately 3,098,213 shares changed hands during trading, an increase of 308% from the average daily volume of 759,906 shares. The stock had previously closed at C$0.29.

Southern Silver Exploration Trading Up 25.9%

The business has a 50-day moving average price of C$0.24 and a 200-day moving average price of C$0.23. The stock has a market cap of C$140.85 million, a PE ratio of -18.25 and a beta of 1.15.

Southern Silver Exploration Company Profile

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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