Southern Silver Exploration (CVE:SSV) Shares Down 4.3% – Should You Sell?

Southern Silver Exploration Corp. (CVE:SSV)’s stock price traded down 4.3% on Monday . The stock traded as low as C$0.55 and last traded at C$0.56. 271,750 shares traded hands during trading, a decline of 79% from the average session volume of 1,320,249 shares. The stock had previously closed at C$0.59.

Southern Silver Exploration Price Performance

The stock’s 50-day simple moving average is C$0.56 and its two-hundred day simple moving average is C$0.63. The firm has a market capitalization of C$224.54 million, a P/E ratio of -18.33 and a beta of 2.65.

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. The company was formerly known as Newcoast Silver Mines Ltd. and changed its name to Southern Silver Exploration Corp.