Southern Silver Exploration (CVE:SSV) Stock Price Down 1.6% – What’s Next?

Southern Silver Exploration Corp. (CVE:SSV)’s stock price fell 1.6% during mid-day trading on Monday . The stock traded as low as C$0.60 and last traded at C$0.62. Approximately 364,464 shares changed hands during trading, a decline of 68% from the average daily volume of 1,135,658 shares. The stock had previously closed at C$0.63.

Southern Silver Exploration Stock Down 8.1%

The business has a 50-day moving average of C$0.54 and a 200-day moving average of C$0.56. The stock has a market cap of C$237.35 million, a price-to-earnings ratio of -19.00 and a beta of 2.51.

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.