Southern Silver Exploration (CVE:SSV) Trading Up 9.3% – Should You Buy?

Southern Silver Exploration Corp. (CVE:SSVGet Free Report)’s share price shot up 9.3% on Thursday . The company traded as high as C$0.41 and last traded at C$0.41. 1,197,065 shares changed hands during trading, an increase of 35% from the average session volume of 885,722 shares. The stock had previously closed at C$0.38.

Analyst Ratings Changes

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

Get Our Latest Stock Report on SSV

Southern Silver Exploration Stock Up 10.6%

The company’s 50-day moving average is C$0.38 and its two-hundred day moving average is C$0.29. The company has a market capitalization of C$181.72 million, a P/E ratio of -23.50 and a beta of 2.13.

About Southern Silver Exploration

(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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