Southern Silver Exploration (CVE:SSV) Trading Down 8.3% – Time to Sell?

Southern Silver Exploration Corp. (CVE:SSVGet Free Report)’s stock price was down 8.3% during mid-day trading on Monday . The company traded as low as C$0.21 and last traded at C$0.22. Approximately 270,187 shares were traded during mid-day trading, an increase of 22% from the average daily volume of 222,343 shares. The stock had previously closed at C$0.24.

Southern Silver Exploration Stock Performance

The stock’s 50-day simple moving average is C$0.29 and its two-hundred day simple moving average is C$0.26. The stock has a market cap of C$84.75 million, a price-to-earnings ratio of -27.50 and a beta of 1.95.

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.

Further Reading

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