Southern Silver Exploration Corp. (CVE:SSV – Get Free Report)’s stock price shot up 16.2% during mid-day trading on Thursday . The company traded as high as C$0.40 and last traded at C$0.40. 1,434,802 shares traded hands during mid-day trading, an increase of 60% from the average session volume of 894,127 shares. The stock had previously closed at C$0.34.
Southern Silver Exploration Price Performance
The company has a market capitalization of C$146.92 million, a P/E ratio of -19.00 and a beta of 2.13. The stock’s fifty day simple moving average is C$0.35 and its 200-day simple moving average is C$0.28.
About Southern Silver Exploration
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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