Southern Silver Exploration (CVE:SSV) Trading 5.1% Higher – Time to Buy?

Southern Silver Exploration Corp. (CVE:SSVGet Free Report) traded up 5.1% on Thursday . The company traded as high as C$0.83 and last traded at C$0.83. 728,992 shares traded hands during trading, a decline of 63% from the average session volume of 1,948,570 shares. The stock had previously closed at C$0.79.

Analyst Ratings Changes

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

Check Out Our Latest Analysis on Southern Silver Exploration

Southern Silver Exploration Stock Up 8.4%

The company has a market capitalization of C$362.75 million, a price-to-earnings ratio of -30.00 and a beta of 2.49. The stock’s 50-day simple moving average is C$0.78 and its two-hundred day simple moving average is C$0.51.

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. The company was formerly known as Newcoast Silver Mines Ltd. and changed its name to Southern Silver Exploration Corp.

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