Southern Silver Exploration (CVE:SSV) Trading Up 2.1%

Southern Silver Exploration Corp. (CVE:SSV)’s share price was up 2.1% during mid-day trading on Wednesday . The company traded as high as C$0.26 and last traded at C$0.25. Approximately 49,271 shares were traded during mid-day trading, a decline of 77% from the average daily volume of 212,615 shares. The stock had previously closed at C$0.24.

Wall Street Analysts Forecast Growth

Separately, Fundamental Research set a C$0.60 target price on Southern Silver Exploration and gave the company a “buy” rating in a research report on Friday, June 28th.

Southern Silver Exploration Stock Performance

The firm has a market capitalization of C$67.06 million, a price-to-earnings ratio of -23.00 and a beta of 1.89. The business has a fifty day moving average of C$0.27 and a two-hundred day moving average of C$0.20.

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.