Southern Silver Exploration (CVE:SSV) Trading 9.8% Higher – Time to Buy?

Southern Silver Exploration Corp. (CVE:SSVGet Free Report)’s share price traded up 9.8% on Thursday . The company traded as high as C$0.69 and last traded at C$0.67. 2,473,194 shares were traded during trading, an increase of 162% from the average session volume of 945,500 shares. The stock had previously closed at C$0.61.

Analyst Upgrades and Downgrades

Separately, Fundamental Research set a C$0.87 price target on Southern Silver Exploration and gave the stock a “buy” rating in a report on Tuesday, November 18th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, Southern Silver Exploration currently has a consensus rating of “Buy” and an average price target of C$0.87.

Get Our Latest Stock Report on Southern Silver Exploration

Southern Silver Exploration Trading Down 4.5%

The company has a market cap of C$247.44 million, a price-to-earnings ratio of -32.00 and a beta of 2.05. The stock has a 50-day simple moving average of C$0.41 and a 200-day simple moving average of C$0.31.

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.

Further Reading

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