Fundamental Research Analysts Give Southern Silver Exploration (CVE:SSV) a C$0.60 Price Target

Southern Silver Exploration (CVE:SSV) received a C$0.60 target price from investment analysts at Fundamental Research in a note issued to investors on Friday, BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Fundamental Research’s price objective indicates a potential upside of 150.00% from the company’s previous close.

Southern Silver Exploration Stock Performance

Shares of CVE SSV remained flat at C$0.24 during mid-day trading on Friday. 147,640 shares of the stock traded hands, compared to its average volume of 207,879. The stock has a market capitalization of C$69.97 million, a PE ratio of -24.00 and a beta of 1.89. Southern Silver Exploration has a one year low of C$0.11 and a one year high of C$0.34. The company has a 50 day simple moving average of C$0.25 and a two-hundred day simple moving average of C$0.19.

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.