Southern Silver Exploration (CVE:SSV) Shares Down 6.2% – Time to Sell?

Southern Silver Exploration Corp. (CVE:SSVGet Free Report)’s share price traded down 6.2% during mid-day trading on Monday . The stock traded as low as C$0.45 and last traded at C$0.45. Approximately 1,192,528 shares were traded during trading, a decline of 9% from the average daily volume of 1,314,415 shares. The stock had previously closed at C$0.48.

Southern Silver Exploration Stock Performance

The firm has a market cap of C$173.15 million, a P/E ratio of -14.00 and a beta of 2.37. The firm’s fifty day moving average price is C$0.54 and its 200 day moving average price is C$0.64.

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.

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