Southern Silver Exploration (CVE:SSV) Shares Down 5.5% – Should You Sell?

Southern Silver Exploration Corp. (CVE:SSVGet Free Report)’s share price was down 5.5% during mid-day trading on Thursday . The stock traded as low as C$0.60 and last traded at C$0.60. Approximately 92,288 shares traded hands during trading, a decline of 93% from the average daily volume of 1,408,503 shares. The stock had previously closed at C$0.64.

Southern Silver Exploration Stock Performance

The firm’s fifty day simple moving average is C$0.57 and its 200-day simple moving average is C$0.61. The stock has a market cap of C$232.70 million, a P/E ratio of -19.00 and a beta of 2.65.

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.

Further Reading

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